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 μ₂ = 8 by means of the nonlinear sample regression equation 2 = cdº. [Hint: Write In 2 Inc+ (Ind)w = bo+b₁w.] (years) z (dollars) Ⓡ (years) z (dollars) 1 6317 22 5674 5734 355 5390 5 4987 5 4891 00 The equation in the form z = cd" is 2 = ☐ ☑ '0" (Round to four decimal places as needed.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section3.3: Lines
Problem 76E
icon
Related questions
Question

I need help with this attached question please

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 μ₂ = 8 by means of the nonlinear sample regression equation 2 = cdº. [Hint: Write
In 2 Inc+ (Ind)w = bo+b₁w.]
(years)
z (dollars) Ⓡ (years)
z (dollars)
1
6317
22
5674
5734
355
5390
5
4987
5
4891
00
The equation in the form z = cd" is 2 = ☐ ☑
'0"
(Round to four decimal places as needed.)
Transcribed Image Text: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 μ₂ = 8 by means of the nonlinear sample regression equation 2 = cdº. [Hint: Write In 2 Inc+ (Ind)w = bo+b₁w.] (years) z (dollars) Ⓡ (years) z (dollars) 1 6317 22 5674 5734 355 5390 5 4987 5 4891 00 The equation in the form z = cd" is 2 = ☐ ☑ '0" (Round to four decimal places as needed.)
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt