The table below represents the number of loans approved for different amounts during the second half of 2021. A linear relationship is expected. Loan amount in R100 000s Number of loans approved X y 2 15 3 20 4 18 5 13 6 9 If the loan amount is set at 7 (loan amount in R100 000s), what is the value of the predicted approximated number of loans approved?

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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The table below represents the number of loans approved for different
amounts during the second half of 2021. A linear relationship is expected.
Loan amount in R100 000s
Number of loans approved
X
y
2
15
3
20
18
5
13
6
9
If the loan amount is set at 7 (loan amount in R100 000s), what is the value of
the predicted approximated number of loans approved?
Transcribed Image Text:The table below represents the number of loans approved for different amounts during the second half of 2021. A linear relationship is expected. Loan amount in R100 000s Number of loans approved X y 2 15 3 20 18 5 13 6 9 If the loan amount is set at 7 (loan amount in R100 000s), what is the value of the predicted approximated number of loans approved?
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