t id 757371 QUESTION 1 Look Y Dealer List Price and X -Dealer Invoice Price Both

Question

t id 757371 QUESTION 1 Look Y Dealer List Price and X -Dealer Invoice Price Both variables are given in thousands of dollars and go out one decimal ploce. A dealer list price of $24,400 would be expressed as 244) Multiple R 0.904827846 0.81871343 0.6 18233385 Observations 4.16062896 0.9336 0.40336 1.417758 033351411 42024 00132 ntercept True or falses At the 01 level of significance, the dealer input price is related to the Dealer uat Price. O True False QUESTION 2 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Close Wind Type here to search

Explanation / Answer

False: At the .01 level of significance the dealer invoice price related to the dealer list price.

Explanation: The p-value of invoices price is 0.0132, which is greater than the level of significance (0.01). It means the invoice price is not related to the dealer list price.

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