In: Statistics and Probability
Exercise 3.3
At a used dealership, let X be an independent variable representing
the age in years of a motorcycle and Y be the dependent variable
representing the selling price of used motorcycle. The data is now
given to you.
X = {5, 10, 12, 14, 15}
Y = {500, 400, 300, 200, 100}
A.) Calculate S2 and S.
B.) Interpret S.