6 Jean invested $380 in stocks. Over the next 5 years, the value of her investment grew, as shown in the accompanying table. Value of Stock, In Dollars () Years Since Investmont (x) 880 '1. 2 414 4 15 462 Write the exponential regression equation for this set of data, rounding all values to two decimal places. Using this equation, find the value of her stock, to the nearest dollar, 10 years after her initial purchase.
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
![6 Jean invested $380 in stocks. Over the next 5
years, the value of her investment grew, as shown
in the accompanying table.
Years Since
Investment (x)
Value of Stock,
in Dollars ()
880
1.
2
414
462
Write the exponential regression equation for this
set of data, rounding all values to two decimal
places. Using this equation, find the value of her
stock, to the nearest dollar, 10 years after her
initial purchase.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1e53f8e9-249a-4d9f-90c0-b557d62ce4e0%2F0b9ed500-305d-42fa-bd1f-eb258d309071%2Fhibdu08_processed.jpeg&w=3840&q=75)
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