W The data in the table are the selling prices z of a certain make and model of used car w years old. Fit a curve of the form Hz|w = yo by means of the nonlinear sample regression equation 2 = cd. [Hint: Write In 2 = In c + (Ind)w = b + b₁w.] z (dollars) Ⓡ (years) z (dollars) Ⓡ (years) 1 6320 3 5381 2 5682 5 4973 2 5754 5 4899 The equation in the form 2 = cd" is 2 = □ × ()" (Round to four decimal places as needed.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
Question

Solve the attached question please and make sure to round to four decimal places as needed

W
The data in the table are the selling prices z of a certain make and model of used car w years old. Fit a curve of the form Hz|w = yo by means of the nonlinear sample regression equation 2 = cd. [Hint: Write In 2 = In c + (Ind)w = b + b₁w.]
z (dollars) Ⓡ (years) z (dollars)
Ⓡ (years)
1
6320
3
5381
2
5682
5
4973
2
5754
5
4899
The equation in the form 2 = cd" is 2 = □ × ()"
(Round to four decimal places as needed.)
Transcribed Image Text:W The data in the table are the selling prices z of a certain make and model of used car w years old. Fit a curve of the form Hz|w = yo by means of the nonlinear sample regression equation 2 = cd. [Hint: Write In 2 = In c + (Ind)w = b + b₁w.] z (dollars) Ⓡ (years) z (dollars) Ⓡ (years) 1 6320 3 5381 2 5682 5 4973 2 5754 5 4899 The equation in the form 2 = cd" is 2 = □ × ()" (Round to four decimal places as needed.)
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