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10 Nov 2019
submitted in a separate document will not be accepted ten uestription will hot be accepted. Graphs Discussion of the Regression Model (28 points): In this model, you will discuss the meaning of your regression model following . Please answer the 1. Using your linear regression equation, find the vertical intercept and interpret its 2. Using your linear regression equation, find the horizontal intercept and interpret its 3. Using your linear regression equation, find the slope and interpret its meaning within 4. Use your regression model to determine the predicted resale valua of your car 5 years 5. Do you expect all cars (different make and models) to depreciate in the same way (to 6. Most banks and credit unions provide car loans ranging from 24 to 72 months (2 to 7 meaning within the context of the model. (5 pts) meaning within the context of the model. (5 pts) the context of the madel. (S pts) after its purchase (when the car is 5 years old) (5 pts) have the same linear regression model)? Explain your answer. (4 pts) years), while the most common mortgages range from 10 to 30 years. Use your regression model to explain why it would not makes sense to offer a car loan ranging up to 30 years. (4 pts)
submitted in a separate document will not be accepted ten uestription will hot be accepted. Graphs Discussion of the Regression Model (28 points): In this model, you will discuss the meaning of your regression model following . Please answer the 1. Using your linear regression equation, find the vertical intercept and interpret its 2. Using your linear regression equation, find the horizontal intercept and interpret its 3. Using your linear regression equation, find the slope and interpret its meaning within 4. Use your regression model to determine the predicted resale valua of your car 5 years 5. Do you expect all cars (different make and models) to depreciate in the same way (to 6. Most banks and credit unions provide car loans ranging from 24 to 72 months (2 to 7 meaning within the context of the model. (5 pts) meaning within the context of the model. (5 pts) the context of the madel. (S pts) after its purchase (when the car is 5 years old) (5 pts) have the same linear regression model)? Explain your answer. (4 pts) years), while the most common mortgages range from 10 to 30 years. Use your regression model to explain why it would not makes sense to offer a car loan ranging up to 30 years. (4 pts)
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