Module 4 Chp 11 probelm 16 part b

# Module 4 Chp 11 probelm 16 part b - Miles_Driven...

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expense (Y ) for a truck using the number of miles driven during the year (X1) and the age of the truck (X2, in years) at the beginning of the year. The company has gathered the data given in the file P11_16.xlsx. Note that each observation corresponds to a particular truck. these data. P11_16.xlsx. : Yearly Maintenance Expense for Randomly Selected Trucks Truck Maintenance_Expense
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Unformatted text preview: Miles_Driven Age_of_Truck 1 \$908.56 10,500 10 2 \$751.12 9,700 7 3 \$793.55 9,200 8 4 \$619.61 8,300 9 5 \$380.11 6,500 5 6 \$368.72 4,500 2 7 \$235.32 3,500 2 8 \$174.93 2,200 3 9 \$256.30 1,800 2 16. A trucking company wants to predict the yearly maintenance b. Compute and interpret the standard error of estimate s e and the coefficient of determination R2 for...
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