The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10

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The Table Shows The Numbers Of New Vehicle Sales In Thousands In The United States For Company A And Company B For 10 1 (20.2 KiB) Viewed 124 times

The Table Shows The Numbers Of New Vehicle Sales In Thousands In The United States For Company A And Company B For 10 2 (13.61 KiB) Viewed 124 times

The Table Shows The Numbers Of New Vehicle Sales In Thousands In The United States For Company A And Company B For 10 3 (35.54 KiB) Viewed 124 times

The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line is y=0.970x+1.276.58. Complete parts (a) and (b) below. New vehicle sales (Company A), x New vehicle sales (Company B), y 4,151 3,922 3,588 3,407 3.251 3,116 2,830 2,478 1,970 4,880 4,875 4,810 4,739 4,654 4,437 4,650 3,802 2,975 (a) Find the coefficient of determination and interpret the result (Round to three decimal places as needed) emri 2,061 2,787
How can the coefficient of determination be interpreted? The coefficient of determination is the fraction of the variation in new-vehicle sales for Company B that can be explained by the variation in new-vehicle sales for Company A and is represented by other factors or to sampling error The remaining fraction of the variation, 1-2, is unexplained and is due to (b) Find the standard error of estimates, and interpret the result
The standard error of estimate of the new-vehicle sales for is about s How can the standard error of estimate be interpreted? The standard error of estimate of the new-vehicle sales for is about s The standard error of estimate of the new-vehicle sales for is about s Company B Company A The standard error of estimate of the new-vehicle sales for is about s thousands of new vehicles new vehicles. for Company B Company A for for for of new-vehicle sales for of new-vehicle sales for a specific number any number any number within the range of the data set of new-vehicle sales for of new-vehicle sales for