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Pedro became interested in vehicle fuel efficiency, so he performed a simple regression using 93 cars to estimate the model CityMPG = β0 + β1 Weight, where Weight is the weight of the vehicle in pounds. His results are shown below. Write a brief analysis of these results, using what you have learned in this chapter. Is the intercept meaningful in this regression? Make a prediction of CityMPG when Weight = 3000 and also when Weight = 4000. Do these predictions seem believable? If you could make a car 1000 pounds lighter, what change would you predict in its CityMPG?
Regression Analysis
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