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.
