Your research the average cost of whole milk for several years to look for trends.the table show your data what is the equation for a line of best fit how much would you expect to pay for a gallon of milk in the year
Year 1998-2000-2002-2004-2006-2008
Cost 2.28-2.76-2.94-2.91-3.19-3.72of milk
Answers are
Y=2.54x+0.098 $4.98
Y=0.098x+2.54 $6.16
Y=2.054x+0.098 $6.16
Y=0.098x+2.54 $4.98
Thanks
1 answer
In a regression equation, substitute the amount for x to solve for y. This will give you the predicted cost for whatever year you choose.
2 answers