Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y- intercept to at least four decimal places. Regression line equation: y = 9.8204 + 0.9260x| Part: 1/3 Part 2 of 3 If two institutions have budgets that differ by 10 million dollars in 2004, by how much would you predict their budgets to: differ in 20067 Round the answer to three decimal places. In 2006, their budgets would differ by million dollars.

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Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y-
intercept to at least four decimal places.
Regression line equation: y = 9.8204 + 0,9260x
Part: 1/3
Part 2 of 3
If two institutions have budgets that differ by 10 million dollars in 2004, by how much would you predict their budgets to
differ in 20067 Round the answer to three decimal places.
In 2006, their budgets would differ by
million dollars.
Transcribed Image Text:Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y- intercept to at least four decimal places. Regression line equation: y = 9.8204 + 0,9260x Part: 1/3 Part 2 of 3 If two institutions have budgets that differ by 10 million dollars in 2004, by how much would you predict their budgets to differ in 20067 Round the answer to three decimal places. In 2006, their budgets would differ by million dollars.
Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received
U.S. government funding for arts and culture in both 2004 and 2006.. Use a TI-84 calculator to answer the following.
Organization
2004
2006
Institute of Museum and Library Services
262
247
National Endowment for the Humanities
135
142
National Endowment for Arts
121
124
National Gallery of Art
88
95
Kennedy Center for the Performing Arts
17
18
Source: National Endowment for the Arts
Send data to Excel
Transcribed Image Text:Government funding: The following table presents the budget (in millions of dollars) for selected organizations that received U.S. government funding for arts and culture in both 2004 and 2006.. Use a TI-84 calculator to answer the following. Organization 2004 2006 Institute of Museum and Library Services 262 247 National Endowment for the Humanities 135 142 National Endowment for Arts 121 124 National Gallery of Art 88 95 Kennedy Center for the Performing Arts 17 18 Source: National Endowment for the Arts Send data to Excel
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