Overdraft fees have become an important piece of a banks


Problem

Overdraft fees have become an important piece of a bank's total fee income. Suppose the following table gives the bank revenue from overdraft fees (in billions of dollars) from 2004 through 2009. Here, x = 4 corresponds to 2004.

Year, x          4     5    6    7    8   9
Revenue, y  24.5  28  33  35  37  38

(a) Find an equation of the least-squares line y for these data.

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Accounting Basics: Overdraft fees have become an important piece of a banks
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