Question: Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression

Create scatterplots using the data in the spreadsheet linked above and display the equation for the regression line. What is the equation for the regression line that predicts the probability of default in percent using credit score as the explanatory variable? What is the interpretation of the slope? What is the interpretation of the intercept?

Credit score Probability of default

610 16.7

645 9.1

685 4.8

705 3.2

540 28

580 23

620 16

660 9

700 4.4

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