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QUESTION

Yearly Maintenance Expense for Randomly Selected Trucks Truck 1 2 3 4 5 6 7 8 9 Maintenance_Expense $908.56 $751.12 $793.55 $619.61 $380.11 $368.72...

A trucking company wants to predict the yearly maintenanceexpense (Y ) for a truck using the number of milesdriven during the year (X1) and the age of the truck (X2,in years) at the beginning of the year. The company hasgathered the data given in the file P11_16.xlsx. Notethat each observation corresponds to a particular truck.a. Formulate and estimate a multiple regressionmodel using the given data. Interpret each of theestimated regression coefficients.b. Compute and interpret the standard error of estimates-e and the coefficient of determination R2 forthese data. I have attached the appropriate doc for this question

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