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Find the equation of the regression line

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Reference no: EM131650601

Question: Used cars 2007. Classified ads in a newspaper offered several used Toyota Corollas for sale. Listed below are the ages of the cars and the advertised prices.

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a) Make a scatterplot for these data.

b) Do you think a linear model is appropriate? Explain.

c) Find the equation of the regression line.

d) Check the residuals to see if the conditions for inference are met.

Reference no: EM131650601

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