Question: Using the data from problem 7, identify the slope and the intercept for the regression equation.Write the equation for the model for predicting what the
Using the data from problem 7, identify the slope and the intercept for the regression equation.Write the equation for the model for predicting what the tax efficiency would be for a percentage of investments in energy of 5.9. (Would this actually happen in your opinion? Why or why not?)
Formulas for slope, y-intercept and estimated value for y are contained on the attached sheet.
HINT!! (REMEMBER when subtracting a negative number, you add it.
slopeb1=r Syy intercept bo=y-(b1 x X)estimated value for y isy= bo + (b1 x X)
Sx
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