Tra'von J.

asked • 11/06/23

Linear Regression

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.


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