Compare the actual repair cost from a full-rear crash


Assignment:

Find the regression equation, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure summarized in Figure below.

1113_p 2.jpg

1. Car Repair Costs Find the best predicted repair costs from a full-rear crash for a Volkswagon Passat, given that its repair costs from a full-front crash is $4594. How does the result compare to the $982 actual repair cost from a full-rear crash?

Front

936

978

2252

1032

3911

4312

3469

Rear

1480

1202

802

3191

1122

739

2767

2.New Car Mileage Ratings Find the best predicted new mileage rating of a Jeep Grand Cherokee given that the old rating is 19 mi /gal. Is the predicted value close to the actual value of 17 mi/gal?

Old

16

27

17

33

28

24

18

22

20

29

21

New

15

24

15

29

25

22

16

20

18

26

19

Solution Preview :

Prepared by a verified Expert
Basic Statistics: Compare the actual repair cost from a full-rear crash
Reference No:- TGS02066254

Now Priced at $30 (50% Discount)

Recommended (92%)

Rated (4.4/5)