Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2006 and last year 2006 Organization Organization 1 Organization 2 Organization 3 Organization 4 Organization S Organization 6 Organization 7 Part 1 of 3 Part 2 of 3 142 124 95 18 2 Compute the least-squares regression line for predicting last year's budget from the 2006 budget. Round the slope and 3-intercept to four decimal places as needed. Part: 2/3 Last Year 445 236 156 163 161 The equation for the least-squares regression line is Part 3 of 3 5 If two institutions have budgets that differ by 9 million dollars in 2006, by how much would you predict their budgets to differ last year? Round the answer to two decimal places as needed. The budgets would differ by $23 million. Predict last year's budget for an organization whose 2006 budget was 100 million. Round the answer to two decimal places as needed. Last year's budget is predicted to be $2 million. x

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Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts
and culture in both 2006 and last year.
Organization
Organization 1
Organization 2
Organization 3
Organization 4
Organization S
Organization 6
Organization 7
Part 1 of 3
Part 2 of 3
2006
460
247
Part: 2/3
142
124
95
18
Part 3 of 3
Last Year
445
236
Compute the least-squares regression line for predicting last year's budget from the 2006 budget. Round the slope and 3-intercept to four decimal places
as needed.
The equation for the least-squares regression line is = 2. x
156
163
161
43
5
If two institutions have budgets that differ by 9 million dollars in 2006, by how much would you predict their budgets to differ last year? Round the answer
to two decimal places as needed.
The budgets would differ by $23 million.
X
million.
5
Ś
Predict last year's budget for an organization whose 2006 budget was 100 million. Round the answer to two decimal places as needed.
Last year's budget is predicted to be
5
Transcribed Image Text:Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2006 and last year. Organization Organization 1 Organization 2 Organization 3 Organization 4 Organization S Organization 6 Organization 7 Part 1 of 3 Part 2 of 3 2006 460 247 Part: 2/3 142 124 95 18 Part 3 of 3 Last Year 445 236 Compute the least-squares regression line for predicting last year's budget from the 2006 budget. Round the slope and 3-intercept to four decimal places as needed. The equation for the least-squares regression line is = 2. x 156 163 161 43 5 If two institutions have budgets that differ by 9 million dollars in 2006, by how much would you predict their budgets to differ last year? Round the answer to two decimal places as needed. The budgets would differ by $23 million. X million. 5 Ś Predict last year's budget for an organization whose 2006 budget was 100 million. Round the answer to two decimal places as needed. Last year's budget is predicted to be 5
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