This your answer hope i helped. :)
<span> The point lies one unit above the regression line. </span>
ertificates 6.00% per annum ---x
AA bond 11.00% per annum ---y
x + 1 y= 160000 ------------------------1
6.00% x + 11.00% y= 15600
Multiply by 100
6 x + 11 y= 1560000.00 --------2
Multiply (1) by -6
we get
-6 x -6 y= -960000.00
Answer:
A
Step-by-step explanation:
The sllope-intercept form:
<em>add 12 to both sides</em>
<em>divide both sides by 6</em>
