Question
An auto manufacturing company wanted to investigate how the price of one of its car models...
An auto manufacturing company wanted to investigate how the price of one of its car models depreciates with age. The research department at the company took a sample of eight cars of this model and collected the following information on the ages (in years) and prices (in hundreds of dollars) of these cars.
|
Age |
8 |
3 |
6 |
9 |
2 |
5 |
6 |
3 |
|---|---|---|---|---|---|---|---|---|
|
Price |
19 |
95 |
51 |
21 |
146 |
41 |
36 |
100 |
Calculate the standard deviation of errors.
Round your answer to four decimal places.
The standard deviation of errors is about ??????
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