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:
quadratic
Step-by-step explanation:
hope you got it
Answer:
It will take 5 hours for the bakery to bake 1000 loaves.
Answer:
M=1/2 and 1/4
Step-by-step explanation:
I hope this is what you are asking.
Money spent by Americans last year=$1,180-6.8% of $1,180
=$1099.76