An issue of USA Today reported the average fees charged to use another bank's ATM for 2000-2005. Year ATM Fee 2000 $2.55 2001 $2.84 2002 $2.67 2003 $2.81 2004 $3.00 2005 $2.85 (a) Use these data to find a least squares line of ATM fees as a function of years since 2000. (Round your coefficients to three decimal places.) y = (b) Estimate the average ATM fee for 2009. (Round your answer to the nearest cent.) $

An issue of USA Today reported the average fees charged to use another bank's ATM for 2000-2005. Year ATM Fee 2000 $2.55 2001 $2.84 2002 $2.67 2003 $2.81 2004 $3.00 2005 $2.85 (a) Use these data to find a least squares line of ATM fees as a function of years since 2000. (Round your coefficients to three decimal places.) y = (b) Estimate the average ATM fee for 2009. (Round your answer to the nearest cent.) $

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 34EQ

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