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). Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers).

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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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). Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers).
Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round
your answers).
Regression line equation: y =
Transcribed Image Text:Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers). Regression line equation: y =
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 = 2.06874929
b=0.39693209
=0.4063734449
r=0.63747427
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 = 2.06874929 b=0.39693209 =0.4063734449 r=0.63747427
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