Mathematics, 22.10.2020 16:01 Conner4600

QUESTION 4 A car maintenance company has recorded March 22; 2020 data on the maintenance cost of a car (y) and the age of the car (x). Below is the Excel output of the relationship between maintenance cost of a car and the age of a car. SUMMARY OUTPUT Regression Statistics Multiple R 0.9932180 R Square Adjusted R Square 0.9851302 Standard Error 48.761418 Observations 12 ANOVA df SS MS F Significance F Regression 1 1735129.49 1735129.49 729.75 1.11715E-10 Residual 10 23776.75 Total 11 1758906.25 Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Intercept 46.40783 29.80954 1.55681 0.1505 -20.01196 112.82764 Age 86.91944 3.217565 27.01404 1.12E-10 79.75026 94.08863 The values of R square and MSE have been ommitted - You are required to calculate those values.

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