Question: Question: A new software company Mickrosoft is trying to understand how spending trends for software have evolved over time. Mickrosoft recently purchased data from a

Question:A new software company Mickrosoft is trying to understand how spending trends for software have evolved over time.Mickrosoft recently purchased data from a marketing company and wishes to use this data to predict the average annual amount spent on software.A scatterplot of 20 years of data from 1990-2010, with the equation of a fitted regression line, is shown below.

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