Solved: The following data are the selling prices z of a

Chapter 11, Problem 11.10

(choose chapter or problem)

The following data are the selling prices z of a certain make and model of used car w years old. Fit a curve of the form z|w = w by means of the nonlinear sample regression equation z = cdw.[Hint: Write ln z = lnc + (lnd)w = b0 + b1w.] w (years) z (dollars) w (years) z (dollars) 1 6350 3 5395 2 5695 5 4985 2 5750 5 4895

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