Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock (y) from the prime interest rate in percent (x). LinReg y=a+bx a=2.38968653 b=0.3961407 2 ,² = 0.4053168942 r r 0.63664503
Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock (y) from the prime interest rate in percent (x). LinReg y=a+bx a=2.38968653 b=0.3961407 2 ,² = 0.4053168942 r r 0.63664503
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 1E
Related questions
Question
1. Find regression line equation
2. What is the
3. Predict the price when the prime interest rate is 7%. Round the answer to at least four decimal places.
![Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain
stock (y) from the prime interest rate in percent (x).
LinReg
y=a+bx
a=2.38968653
b=0.3961407
2
,² = 0.4053168942
r
r 0.63664503](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F799624b6-9823-4b8f-b2a0-623df7641e29%2F15414a46-6712-4af6-9b87-5fd6047d1d75%2F4p2lxdg_processed.png&w=3840&q=75)
Transcribed Image Text:Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain
stock (y) from the prime interest rate in percent (x).
LinReg
y=a+bx
a=2.38968653
b=0.3961407
2
,² = 0.4053168942
r
r 0.63664503
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