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.
In mixed form, it would be equal to 1 2/7
In short, Your Answer would be Option B
Hope this helps!
They will be back together at:
10:20 am
Count the amount of digits from right to left:
The digit 5 appears at the eighth position.
Remember that the 7th position is for millions. So, the eighth position is for ten millions.
Therefore, the place where the digit 5 sits in the number 952,832,744 is ten millions.