1) -Describe the association between College Tuition and Median Student Loan Debt for Graduates based on the scatter plot. -Identify and interpret the y-intercept and slope of your least squares regression line   -Identify and interpret your coefficient of determination

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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1) -Describe the association between College Tuition and Median Student Loan Debt for Graduates based on the scatter plot.
-Identify and interpret the y-intercept and slope of your least squares regression line  
-Identify and interpret your coefficient of determination 

Y-Dependent
29000
24000
19000
14000
9000 +
40000
101500
163000
X-Independent
Regression Line (ŷ = 0.02X+11418.98)
0
224500
286000
Transcribed Image Text:Y-Dependent 29000 24000 19000 14000 9000 + 40000 101500 163000 X-Independent Regression Line (ŷ = 0.02X+11418.98) 0 224500 286000
Student Loan Debt
30,000
25,000
20,000
15,000
10,000
5,000
50,000
College Tuition and Student Loans
100,000
150,000
Tuition in 4 years
200,000
●
250,000
Transcribed Image Text:Student Loan Debt 30,000 25,000 20,000 15,000 10,000 5,000 50,000 College Tuition and Student Loans 100,000 150,000 Tuition in 4 years 200,000 ● 250,000
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