The data in the table are the selling prices z of a certain make and model of used car w years old. Fit a curve of the form μ₂ = 8 by means of the nonlinear sample regression equation 2 = cdº. [Hint: Write In 2 Inc+ (Ind)w = bo+b₁w.] (years) z (dollars) Ⓡ (years) z (dollars) 1 6317 22 5674 5734 355 5390 5 4987 5 4891 00 The equation in the form z = cd" is 2 = ☐ ☑ '0" (Round to four decimal places as needed.)

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
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Chapter2: Second-order Linear Odes
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The data in the table are the selling prices z of a certain make and model of used car w years old. Fit a curve of the
form μ₂ = 8 by means of the nonlinear sample regression equation 2 = cdº. [Hint: Write
In 2 Inc+ (Ind)w = bo+b₁w.]
(years)
z (dollars) Ⓡ (years)
z (dollars)
1
6317
22
5674
5734
355
5390
5
4987
5
4891
00
The equation in the form z = cd" is 2 = ☐ ☑
'0"
(Round to four decimal places as needed.)
Transcribed Image Text:The data in the table are the selling prices z of a certain make and model of used car w years old. Fit a curve of the form μ₂ = 8 by means of the nonlinear sample regression equation 2 = cdº. [Hint: Write In 2 Inc+ (Ind)w = bo+b₁w.] (years) z (dollars) Ⓡ (years) z (dollars) 1 6317 22 5674 5734 355 5390 5 4987 5 4891 00 The equation in the form z = cd" is 2 = ☐ ☑ '0" (Round to four decimal places as needed.)
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