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= 2.22055585 b=0.338208 =0.437979968 r=0.66180055 Part 1 of 3 Write the equation of the least-squares regression tine. Use the full accuracy shown in the calculator output (do not round your answers). Regression line equation: y = 2.22055585 + 0.338208x Part: 1/3 Part 2 of 3 What is the correlation between the interest rate and the yield of the stock? The correlation coefficient is

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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 = 2.22055585
b=0.338208
r=0.437979968
r=0.66180055
Part 1 of 3
Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round
your answers).
Regression line equation: y = 2.22055585 + 0.338208x
Part: 1/3
Part 2 of 3
What is the correlation between the interest rate and the yield of the stock?
The correlation coefficient is
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 = 2.22055585 b=0.338208 r=0.437979968 r=0.66180055 Part 1 of 3 Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers). Regression line equation: y = 2.22055585 + 0.338208x Part: 1/3 Part 2 of 3 What is the correlation between the interest rate and the yield of the stock? The correlation coefficient is
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