Linear Regression The table below shows the value, V, of an investment (in dollars) n years...
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Linear Regression The table below shows the value, V, of an investment (in dollars) n years after 1988. n 1 3 V(n) 20836 21077.84 7 22852 14 19 25267.96 25204 25539.8 12 Determine the linear regression equation that models the set of data above, and use this equation to answer the questions below. Round to the nearest hundredth as needed. Based on this regression model, the value of this investment was $ in the year 1988. Based on the regression model, the value of this investment is [Select an answer at a rate of $ per year. Linear Regression The table below shows the value, V, of an investment (in dollars) n years after 1988. n 1 3 V(n) 20836 21077.84 7 22852 14 19 25267.96 25204 25539.8 12 Determine the linear regression equation that models the set of data above, and use this equation to answer the questions below. Round to the nearest hundredth as needed. Based on this regression model, the value of this investment was $ in the year 1988. Based on the regression model, the value of this investment is [Select an answer at a rate of $ per year.
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Related Book For
A Survey of Mathematics with Applications
ISBN: 978-0134112107
10th edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Posted Date:
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