Illustration 15.6. On the basis of figures recorded below for "supply" and "price" for nine years, build a regression of “price" on “supply". Calculate, from the equation established, the most likely price when supply 3D90. Years: 1981 1982 1983 1984 1985 1986 1987 1988 1989 Supply: 80 82 86 91 83 85 89 96 93 Price : 145 140 130 124 133 127 120 110 116

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llustration 15.6. On the basis of figures recorded below for “supply"
and "price" for nine years, build a regression of “price" on “supply".
Calculate, from the equation established, the most likely price when supply
= 90.
%3D
Years: 1981 1982 1983
1984 1985 1986 1987 1988 1989
Supply: 80
Price:
82
86
91
83
85
89
96
93
145
140
130
124
133
127
120
110 116
Transcribed Image Text:llustration 15.6. On the basis of figures recorded below for “supply" and "price" for nine years, build a regression of “price" on “supply". Calculate, from the equation established, the most likely price when supply = 90. %3D Years: 1981 1982 1983 1984 1985 1986 1987 1988 1989 Supply: 80 Price: 82 86 91 83 85 89 96 93 145 140 130 124 133 127 120 110 116
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