Mathematics, 05.06.2021 23:00 dedgefield

A statistics student is studying if there is a relationship between the price of a used car and the number of miles it has been driven. She collects data for 20 cars of the same model with different mileage, and determines each car’s price using a used car website. The analysis is given in the computer output. Predictor Coef SE Coef t-ratio p
Constant 24157.2 2164.1 2.965 0.046
Mileage -0.181 0.024 5.377 0.000
S = 3860.7 R-Sq = 68.0% R-Sq(Adj) = 67.5%
Using the computer output, what is the equation of the least-squares regression line?

ŷ = –0.181 + 24157.2x
ŷ = 24157.2 – 0.181x
ŷ = 2164.1 + 0.024x
ŷ = 0.024 + 2164.1x

A statistics student is studying if there is a relationship between the price of a used car and the

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