Inactive Tutor answered 11/06/23
Tutor
New to Wyzant
Check out my answer to your other linear regression question and see if you can figure this one out using the same formulas.
Tra'von J.
asked 11/06/23| Linear Regression | ||||||||
| The table below shows the value, V�, of an investment (in dollars) n� years after 1991. | ||||||||
| n� | 1 | 3 | 7 | 12 | 14 | 19 | ||
| V� | 21286 | 20440.84 | 20002 | 19499.96 | 18504 | 16562.3 | Determine the linear regression equation that models the set of data above, and use this equation to answer the questions below. Round to the nearest tenth as needed. | |
| Based on this regression model, the value of this investment was $ in the year 1991. | Based on the regression model, the value of this investment is Select an answer decreasing increasing Correct | at a rate of $ per year. |
Inactive Tutor answered 11/06/23
Check out my answer to your other linear regression question and see if you can figure this one out using the same formulas.
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