Car value at the time of purchase $15, 250 (2012)
Rate of depreciation 7.5%
1) y = 15250 ( 1- 0.075)^x
y = 15250 (0.925)^x (x tis the number of years that passed since purchase)
2) y = 15250 * ( 0.925)^8 = 8173.42
Answer:
Step-by-step explanation:
Response Variable: Miles per gallon
Predictor Variables: Weight, Horsepower
The multiple regression equation would be: M = aW + bH + c
where M = miles per gallon
a = slope of the graph of W on M OR rate of change in M due to change in W
W = weight
b = slope of the graph of H on M OR rate of change in M due to change in H
H = horsepower
c = intercept of M on the y-axis OR constant variable
How might the car rental company use this model?
The car rental company might use the regression model to determine the following:
- Effect of weight (of car) on miles run per gallon (of premium motor spirit)
- Effect of horsepower on miles per gallon; etc.
The watch costed $400 before the discount.
76 * 100 = 7,600
7,600 / 19 = 400
If you add more detail i might be able to help you?