SOLUTION: please help make a linear equation for the following table. thanks. Price 1 1.50 2.00 2.50 3.00 3.50 Demand 200 175 140 120 80 60

Algebra ->  Linear-equations -> SOLUTION: please help make a linear equation for the following table. thanks. Price 1 1.50 2.00 2.50 3.00 3.50 Demand 200 175 140 120 80 60      Log On


   



Question 352153: please help make a linear equation for the following table. thanks.
Price 1 1.50 2.00 2.50 3.00 3.50
Demand 200 175 140 120 80 60

Answer by Fombitz(32388) About Me  (Show Source):
You can put this solution on YOUR website!

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x%5Bave%5D=2.25
y%5Bave%5D=129.17
SSXX=4.38
SSYY=14520.83
SSXY=-251.25
b1=SSXY%2FSSXX=-57.429
b2=SSXY%2FSSYY=-0.017
r%5E2=b1%2Ab2=0.994
a=y%5Bave%5D-b1%2Ax%5Bave%5D=258.381
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highlight%28y=-57.429x%2B258.381%29
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