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OLS Examples OLS Regression • Problem

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Equation for Ŷ :Estimated Price = 371.6019 - 27.90291*AGEPage 9Estimated Price = 371.6019 - 27.90291*AGE360PRICE of Corvettesvs.AGE of Corvettes320PRICE280240Residual2001600 1 2 3 4 5 6 7AGEPage 105

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