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CS4-4

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Simple linear regression results:

Independent Variable: Odometer
Trade in = 8710.9756 - 0.02804878 Odometer
Sample size: 16
R (correlation coefficient) = -0.88823106
R-sq = 0.78895441
Estimate of error standard deviation: 200.15238

Parameter estimates:

ParameterEstimateStd. Err.AlternativeDFT-StatP-value
Intercept8710.9756280.74192 ≠ 01431.028411<0.0001
Slope-0.028048780.003877146 ≠ 014-7.2343885<0.0001

Analysis of variance table for regression model:

SourceDFSSMSF-statP-value
Model12096646.32096646.352.336377<0.0001
Error14560853.6640060.976
Total152657500
Simple Linear Regression
dunkley.brandonFeb 8, 20193KB27

Simple linear regression results:

Independent Variable: Odometer
Trade in = 8710.9756 - 0.02804878 Odometer
Sample size: 16
R (correlation coefficient) = -0.88823106
R-sq = 0.78895441
Estimate of error standard deviation: 200.15238

Parameter estimates:

ParameterEstimateStd. Err.AlternativeDFT-StatP-value
Intercept8710.9756280.74192 ≠ 01431.028411<0.0001
Slope-0.028048780.003877146 ≠ 014-7.2343885<0.0001

Analysis of variance table for regression model:

SourceDFSSMSF-statP-value
Model12096646.32096646.352.336377<0.0001
Error14560853.6640060.976
Total152657500
Simple Linear Regression
dunkley.brandonFeb 8, 20193KB32

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