Question: Consider the population of 200 weekly observations presented in Table P-13. The independent variable X is the average weekly temperature of Spokane, Washington. The dependent
Consider the population of 200 weekly observations presented in Table P-13. The independent variable X is the average weekly temperature of Spokane, Washington. The dependent variable Y is the number of shares of Sunshine Mining Stock traded on the Spokane exchange in a week. Randomly select data for 16 weeks and compute the coefficient of correlation. Then determine the least squares line and forecast F for an average weekly temperature of 63.
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