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QNT 561 Week 5 Weekly Learning Assessments - Assignment

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Car Age (years) Selling Price ($000)<br />

1 9 8.1<br />

2 7 6.0<br />

3 11 3.6<br />

4 12 4.0<br />

5 8 5.0<br />

6 7 10.0<br />

7 8 7.6<br />

8 11 8.0<br />

9 10 8.0<br />

10 12 6.0<br />

11 6 8.6<br />

12 6 8.0<br />

a. Determine the standard error of estimate. (Round your answer to 3 decimal places.)<br />

b. Determine the coefficient of determination. (Round your answer to 3 decimal places.)<br />

c. Interpret the coefficient of determination. (Round your answer to the nearest whole number.)

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