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Example 162 & 163

 

Example 162: Find the least squares prediction line for the following pre-owned Corvette data

Age

6

6

5

2

2

5

4

5

1

4

Price

27000

26000

27500

40500

36400

29500

33500

30800

40500

30500

Example 163: What would the average price be for a Corvette that was three years old?

 

 

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