In 1991 you received $50 as a birthday gift. You deposited it into a bank account and made no further deposits or withdrawals. The table below shows the account balance for several years. Part a: Make a scatter plot and determine which type of model best fits the data. Part b: Find the regression equation. Part c: Use the equation from Part b to determine y when x = 32.
In 1991 you received $50 as a birthday gift. You deposited it into a bank account and made no further deposits or withdrawals. The table below shows the account balance for several years. Part a: Make a scatter plot and determine which type of model best fits the data. Part b: Find the regression equation. Part c: Use the equation from Part b to determine y when x = 32.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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In 1991 you received $50 as a birthday gift. You deposited it into a bank account and made no further deposits or withdrawals. The table below shows the account balance for several years.
Part a: Make a
Part b: Find the regression equation.
Part c: Use the equation from Part b to determine y when x = 32.
Transcribed Image Text:Years since 1990, x
Balance, y
0 5
$50 $62.31 $77.65 $96.76 $120.59 $150.27 $187.27
10
15
20
25
30
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