Write the equation of the least-squares regression line. Use the full accuracy shown in the Excel output (do not round your answers). Regression line equation: y =

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
Problem 17HP
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Write the equation of the least-squares regression line. Use the full accuracy shown in the Excel output (do not round your answers).
Write the equation of the least-squares regression line. Use the full accuracy shown in the Excel output (do not round your
answers).
Regression line equation: y =
Transcribed Image Text:Write the equation of the least-squares regression line. Use the full accuracy shown in the Excel output (do not round your answers). Regression line equation: y =
Interpreting technology: A business school professor computed a least-squares regression line for predicting the salary in $
1000s for a graduate from the number of years of experience. The results are presented in the following Excel output.
Coefficients
Intercept
56.0786946
Experience 2.36826108
Transcribed Image Text:Interpreting technology: A business school professor computed a least-squares regression line for predicting the salary in $ 1000s for a graduate from the number of years of experience. The results are presented in the following Excel output. Coefficients Intercept 56.0786946 Experience 2.36826108
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