Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 07 Feb 2018 My Price 7.00

Bayville police department

  1. The manager of the Bayville police department motor pool wants to develop a forecast model for annual maintenance on police cars, based on mileage in the past year and age of the cars. The following data have been collected for eight different cars:

Miles Driven

Car Age (yr.)

Maintenance Cost

16,320

7

$1,200

15,100

8

1,400

18,500

8

1,820

10,200

3

900

9,175

3

650

12,770

7

1,150

8,600

2

875

7,900

3

900

    1. Using Excel, develop a multiple regression equation for these data.

    2. What is the coefficient of determination for this regression equation?

    3. Forecast the annual maintenance cost for a police car that is 5 years old and will be driven 10,000 miles in 1 year.

Answers

Maurice Tutor
(5)
Status NEW Posted 07 Feb 2018 09:02 PM My Price 7.00

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