Question 1055849: Alex puts his change in a 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 in August,and $114.76 at the end of October,perform a linear regression on this data to complete the following: what does the value of the correlation tall you about the correlation of the data? And,please write the equation of the best-fitting line rounded to the nearest thousandths.
Thanks a lot for your help.
Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Alex puts his change in a 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 in August,and $114.76 at the end of October,perform a linear regression on this data to complete the following: what does the value of the correlation tall you about the correlation of the data? And,please write the equation of the best-fitting line rounded to the nearest thousandths.
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(1,11.09) ; (2,22.27) ; (4,44.35) ; (7,75.82) ; (8,89) ; (10,114.76)
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f(x) = 11.334x - 0.900
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Cheers,
Stan H.
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