SOLUTION: Alex puts his spare change in jar every night. If he has $11.09 at the end of January, $22.27 at the end of February, $44.35 in April, $75.82 in July, $89.00 in August, and $114.76

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Question 986109: Alex puts his spare change in jar every night. If he has $11.09 at the end of January, $22.27 at the end of February, $44.35 in April, $75.82 in July, $89.00 in August, and $114.76 at the end of October, perform a linear regression on this data.
Alex wants to buy a video game console at the end of December for $140.00.
Will he have enough for this purchase? ( Show your work that supports your conclusion.)

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
Alex puts his spare change in jar every night.
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If he has $11.09 at the end of January, $22.27 at the end of February, $44.35 in April, $75.82 in July, $89.00 in August, and $114.76 at the end of October, Perform a linear regression on this data.
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Pairs:: (1,11.09),(2,22.27),(4,44.35),(7,75.92),(8,89.00)
y = 10.99x + 0.1617
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Alex wants to buy a video game console at the end of December for $140.00.
Will he have enough for this purchase?
f(10) = 10.99*10 + 0.1617 = $109.91
Ans: No
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Cheers,
Stan H.
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