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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 48

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
The manager of a used-car dealership is very interested in the resale price of used cars.The manager feels that the age of the car is important in determining the resale value.He collects data on the age and resale value of 15 cars and runs a regression analysis with the value of the car (in thousands of dollars) as the dependent variable and the age of the car (in years) as the independent variable.Unfortunately,the printout had lost some of the results,identified by"A" through"F".The partial results left are displayed below. THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: The manager of a used-car dealership is very interested in the resale price of used cars.The manager feels that the age of the car is important in determining the resale value.He collects data on the age and resale value of 15 cars and runs a regression analysis with the value of the car (in thousands of dollars) as the dependent variable and the age of the car (in years) as the independent variable.Unfortunately,the printout had lost some of the results,identified by A  through F .The partial results left are displayed below.   -Compute the value of  D.  A) 9.35 B) 3.06 C) 9.82 D) 22.96
-Compute the value of "D."


Definitions:

ASVAB

The Armed Services Vocational Aptitude Battery, a test used by the U.S. military to determine qualification for enlistment and job placement.

Power Tests

Tests designed to measure the limit of a person's ability or the highest level of skill, knowledge, or capability that an individual can perform without time pressure.

Composite Scores

Aggregate scores calculated by combining the scores from multiple assessments or tests to provide a single overall score.

Holland Codes

A theory of careers and vocational choice based upon personality types, formulated by psychologist John L. Holland; often used for career counseling.

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