Question: The table lists the average monthly cost to workers for family health insurance for various years. a) Use a graphing calculator to fit a regression
The table lists the average monthly cost to workers for family health insurance for various years.
a) Use a graphing calculator to fit a regression line to the data.
b) Predict the average monthly cost to workers for family health insurance in 2021, and compare the value with
$509, which is obtained using the points (1,333) and (4,381).
c) Find the correlation coefficient for the regression line, and determine whether the line fits the data closely.
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