The following table represents the survey results from the 7 online stores. Use linear regression to find the linear equation that is the best fit for the data, with x equal to the Online Advertising. Round your coefficients to three decimal places. Online Advertising Monthly e-Commerce Sales Online Store (in thousand dollars) (in thousand dollars) 1 1.5 368 2 1.7 340 3 2.8 665 4 954 1.3 331 2.2 556 7 1.3 376 5 6.

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
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The following table represents the survey results from the 7 online stores.
Use linear regression to find the linear equation that is the best fit for the data, with x equal to the Online Advertising.
Round your coefficients to three decimal places.
Online Advertising
Monthly e-Commerce Sales
Online Store
(in thousand dollars) (in thousand dollars)
1
1.5
368
1.7
340
3
2.8
665
4
5
954
1.3
331
6.
2.2
556
7
1.3
376
LO
LO
Transcribed Image Text:The following table represents the survey results from the 7 online stores. Use linear regression to find the linear equation that is the best fit for the data, with x equal to the Online Advertising. Round your coefficients to three decimal places. Online Advertising Monthly e-Commerce Sales Online Store (in thousand dollars) (in thousand dollars) 1 1.5 368 1.7 340 3 2.8 665 4 5 954 1.3 331 6. 2.2 556 7 1.3 376 LO LO
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