Compute the least-squares regression line for predicting the 2012 budget from the 2006 budget. Round the slope and y-intercept to at least four decimal places. Compute the least-squares regression line for predicting the 2012 budget from the 2006 budget. Round the slope and y-intercept to at least four decimal places.Regression line equation: y = Government funding: The following table presents the budget (in millions of dollars) for selected organizations that receivedU.S. government funding for arts and culture in both 2006 and 2012.Organization20062012National Endowment for the Humanities142146National Endowment for the Arts124146Corporation for Public Broadcasting460444Commission of Fine ArtsInstitute of Museum and Library Services247232Source: National Endowment for the ArtsSend data to Excel

Here Y = budget in 2012 (in millions of dollars) X = budget in 2006 (in millions of dollars)

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Compute the least-squares regression line for predicting the 2012 budget from the 2006 budget.

MATLAB: An Introduction with Applications

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Question

Compute the least-squares regression line for predicting the 2012 budget from the 2006 budget. Round the slope and y- intercept to at least four decimal places.

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 2006 and 2012.
Organization
2006
2012
National Endowment for the Humanities
142
146
National Endowment for the Arts
124
146
Corporation for Public Broadcasting
460
444
Commission of Fine Arts
Institute of Museum and Library Services
247
232
Source: National Endowment for the Arts
Send data to Excel

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