Question

The following data includes the year, make, model, mileage (in thousands of miles) and asking price...

The following data includes the year, make, model, mileage (in thousands of miles) and asking price (in US dollars) for each of 13 used Honda Odyssey minivans. The data was collected from the Web site of the Seattle P-I on April 25, 2005.

year make model mileage price
2004 Honda Odyssey EXL   20 26900
2004 Honda Odyssey EX 21 23000
2002 Honda Odyssey 33 17500
2002 Honda Odyssey 41 18999
2001 Honda Odyssey EX 43 17200
2001 Honda Odyssey EX 67 18995
2000 Honda Odyssey LX 46 13900
2000 Honda Odyssey EX 72 15250
2000 Honda Odyssey EX 82 13200
2000 Honda Odyssey 99 11000
1999 Honda Odyssey 71 13900
1998 Honda Odyssey 85 8350
1995 Honda Odyssey EX 100 5800



Compute the correlation between mileage and price for these minivans. (Assume the correlation conditions have been satisfied and round your answer to the nearest 0.001.)

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The following data includes the year, make, model, mileage (in thousands of miles) and asking price...
The following data includes the year, make, model, mileage (in thousands of miles) and asking price (in US dollars) for each of 13 used Honda Odyssey minivans. The data was collected from the Web site of the  Seattle P-I on April 25, 2005. year make model mileage price 2004 Honda Odyssey EXL   20 26900 2004 Honda Odyssey EX 21 23000 2002 Honda Odyssey 33 17500 2002 Honda Odyssey 41 18999 2001 Honda Odyssey EX 43 17200 2001 Honda Odyssey EX 67...
The following data contains monthly U.S. domestic air miles traveled during the years 1970-2004 , determine...
The following data contains monthly U.S. domestic air miles traveled during the years 1970-2004 , determine the trend and seasonality for the years 1995-2004 and Try both additive and multiplicative models and for the multiplicative model, use only one constraint: the average of seasonal indices set to 1 Year Month DATA 1970 1 9764490 1970 2 8163943 1970 3 9875362 1970 4 9289053 1970 5 10029494 1970 6 11821707 1970 7 12630952 1970 8 13495546 1970 9 10283314 1970 10...
The following data the performance of the Eurozone blue-chips stock in the form of end-of-year values...
The following data the performance of the Eurozone blue-chips stock in the form of end-of-year values of the Euro Stoxx index from 1995 to 2015. Year Euro Stoxx Index 1995 1507 1996 1850 1997 2532 1998 3342 1999 4904 2000 4772 2001 3806 2002 2386 2003 2761 2004 2951 2005 3579 2006 4120 2007 4400 2008 2451 2009 2966 2010 2793 2011 2317 2012 2636 2013 3109 2014 3146 2015 3268 Question Using a smoothing coefficient of W = 0.25,...
(Inflation)Here are some recent data on the U.S. consumer price index:             Year     CPI            &
(Inflation)Here are some recent data on the U.S. consumer price index:             Year     CPI                  Year     CPI                  Year     CPI                  Year     CPI             1988     118.3                1993     144.5                1998     163.0                2003     184.0             1989     124.0                1994     148.2                1999     166.6             1990     130.7                1995     152.4                2000     172.2             1991     136.2                1996     156.9                2001     176.9             1992     140.3                1997     160.5                2002     179.9 Compute the inflation rate for each year 1989-2003 and determine which years were years of inflation.  In which years did deflation occur?  In which years did disinflation occur?  Was there hyperinflation in any year?
Use Minitab to answer the questions. Make sure to copy all output from the Minitab: 1.   Followings...
Use Minitab to answer the questions. Make sure to copy all output from the Minitab: 1.   Followings Tables shows previous 11 months stock market returns. Date Monthly SP500 Return Monthly DJIA Return 12/7/2007 -0.8628 -0.7994 1/8/2008 -6.1163 -4.6323 2/8/2008 -3.4761 -3.0352 3/8/2008 -0.5960 -0.0285 4/8/2008 4.7547 4.5441 5/8/2008 1.0674 -1.4182 6/8/2008 -8.5962 -10.1937 7/8/2008 -0.9859 0.2468 8/8/2008 1.2191 1.4548 9/8/2008 -9.2054 -6.0024 10/8/2008 -16.8269 -4.8410 Let consider we know the variance of monthly return for all stock were 25 percent in...