11. The data pairs (x, y) give U.S. average annual public college tuition y (in dollars) x years after 1997. (0, 2271), (1, 2360), (2, 2430), (3, 2506), (4, 2562), (5, 2727), (6, 2928) a) Find the best-fitting line for the data by plugging the info into the table on your calculator and doing a STATPLOT. b) Write the value of r. What is the meaning of your r value?

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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11. The data pairs (x, y) give U.S. average annual public college tuition y (in dollars) x years
after 1997.
(0, 2271), (1, 2360), (2, 2430), (3, 2506), (4, 2562), (5, 2727), (6, 2928)
a) Find the best-fitting line for the data by plugging the info into the table on your
calculator and doing a STATPLOT.
b) Write the value of r. What is the meaning of your r value?
Transcribed Image Text:11. The data pairs (x, y) give U.S. average annual public college tuition y (in dollars) x years after 1997. (0, 2271), (1, 2360), (2, 2430), (3, 2506), (4, 2562), (5, 2727), (6, 2928) a) Find the best-fitting line for the data by plugging the info into the table on your calculator and doing a STATPLOT. b) Write the value of r. What is the meaning of your r value?
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