Perform linear regression on data to complete the items


Alex puts his spare change in a jar every night. He has $11.09 at the end of January, $22.27 at the end of February, $44.35 in April, $75.82 in August ,and $114.76 at the end of October :

D) Alex wants to buy a video game console at the end of December for $140. Will he have enough for this purchase?

C) ON AVERAGE how much money does Alex add to the jar each month?

Perform a linear regression on this data to complete the following items.(A) What does the value of the correlation co-efficient tell you about the correlation of the data? (B) Write the equation of the best -fitting line;(round to the nearest thousands) (C) ON AVERAGE how much money does Alex add to the jar each month? (D) Alex wants to buy a video game console at the end of December for $140. Will he have enough for this purchase?

Request for Solution File

Ask an Expert for Answer!!
Algebra: Perform linear regression on data to complete the items
Reference No:- TGS0844865

Expected delivery within 24 Hours