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In: Statistics and Probability

Exercise 3.3 At a used dealership, let X be an independent variable representing the age in...

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.

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