Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock (y) from the prime interest rate in percent (x). LinReg y=a+bx a=2.38968653 b=0.3961407 2 ,² = 0.4053168942 r r 0.63664503

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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1. Find regression line equation

2. What is the correlation between the interest rate and the yield of the stock? The correlation coefficient is ____.

3. Predict the price when the prime interest rate is 7%. Round the answer to at least four decimal places.



Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain
stock (y) from the prime interest rate in percent (x).
LinReg
y=a+bx
a=2.38968653
b=0.3961407
2
,² = 0.4053168942
r
r 0.63664503
Transcribed Image Text:Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock (y) from the prime interest rate in percent (x). LinReg y=a+bx a=2.38968653 b=0.3961407 2 ,² = 0.4053168942 r r 0.63664503
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