The following table lists the number of home improvement loans approved by a finance company, along with

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The following table lists the number of home improvement loans approved by a finance company, along with the loan interest rate.

Month

Interest Rate, %

Number of Loans

Click the icon to view the data table

.Part 2a. Develop a regression forecast model using the interest rate (in %) as the predictor (i.e., independent) variable.

The regression model is Number of loans=enter your response here+(enter your response here)Interest

rate. (Enter your responses rounded to two decimal places and include a minus sign if necessary.)

Posted Date: May 18, 2024 05:12 PM

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The following table lists the number of home improvement loans approved by a finance company, along with

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