Solution :
a). The required linear regression model is
Price = 
b). The 
for the variable "Age of part" is 0.0000
Since the is less than 0.05, so it is significant to the model.
The p-value for the variable "Number of bidders" is 0.1940
Since is not less than 
, so it is significant to the model.
c). We cannot say that model is significant because variable " the number of bidders" is not significant.
But as both variables have positive coefficient so as the variable increases the price received for the item also increased.
Answer:
$9,220,000(0.888)^t
Step-by-step explanation:
Model this using the following formula:
Value = (Present Value)*(1 - rate of decay)^(number of years)
Here, Value after t years = $9,220,000(1 -0.112)^t
Value after t years = $9,220,000(0.888)^t
Answer: the amount of interest that Alyssa will pay on her loan is $1320
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
I represents interest paid on the loan.
P represents the principal or amount taken as loan
R represents interest rate
T represents the duration of the loan in years.
From the information given,
P = $22000
R = 4.5%
T = 4 years
Therefore,
I = (22000 × 1.5 × 4)/ 100
I = 132000/100 = $1320
Answer:
Not sure what the answer choices are, but choose the choice that says the new image is either stretched or shrunk. In a dilation, the shape/corresponding sides of the pre-image are preserved in the new image, but the size of the new image is altered.
Step-by-step explanation:
hope this helps!
