What is the equation of the least-squares regression line

Reference no: EM131767464

Qusetion: Drive my car (3.2)

(a) What is the equation of the least-squares regression line? Be sure to define any symbols you use.

(b) Interpret the slope of the least-squares line in the context of this problem.

(c) One student reported that her 10-year-old car had 110,000 miles on it. Find and interpret the residual for this data value. Show your work.

Reference no: EM131767464

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