Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs and a gallon of milk for each month from February through November 2002. Use a TI-84 calculator to answer the following. Dozen Eggs Gallon of Milk 1.55 3.07 1.75 3.08 1.63 3.07 1.62 3.14 1.50 3.26 1.37 3.43 1.50 3.74 1.63 3.81 1.83 3.84 1.77 3.84 Compute the least-squares regression line for predicting the price of milk from the price of eggs. Round the slope and  y -intercept to at least four decimal places.   Regression line equation:  =y

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 4BGP
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Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs and a gallon of milk for each month from February through November 2002. Use a TI-84 calculator to answer the following.

Dozen Eggs Gallon of Milk
1.55
3.07
1.75
3.08
1.63
3.07
1.62
3.14
1.50
3.26
1.37
3.43
1.50
3.74
1.63
3.81
1.83
3.84
1.77
3.84

Compute the least-squares regression line for predicting the price of milk from the price of eggs. Round the slope and 

y

-intercept to at least four decimal places.

 

Regression line equation: 
=y
 
 
 
 
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