Answer:
15/3
Step-by-step explanation:
.................................
Answer:
effective annual rate is 6.16 %
Step-by-step explanation:
given data
rate = 6 % = 0.06
time 5 year = 10 semi annually
to find out
effective annual rate
solution
we know formula for annual effective rate of interest is
rate of interest =
-1
put here all value
rate of interest =
-1
rate of interest =
-1
rate of interest = 0.061646
so effective annual rate is 6.16 %
The LinReg line of best fit for this data set is ŷ = -1.24X + 0.66
<h3>What is regression line?</h3>
A linear regression line has an equation of the form Y = a + bX, where X is the explanatory variable and Y is the dependent variable.
Given:
(−5, 6.3),
(−4, 5.6),
(−3, 4.8),
(−2, 3.1),
(−1, 2.5),
(0, 1.0),
(1, −1.4)
Sum of X = -14
Sum of Y = 21.9
Mean X = -2
Mean Y = 3.1286
Sum of squares (SSX) = 28
Sum of products (SP) = -34.6
Regression Equation,
ŷ = bX + a
b = SP/SSX = -34.6/28 = -1.23571
a = MY - bMX = 3.13 - (-1.24*-2) = 0.65714
ŷ = -1.23571X + 0.65714
ŷ = -1.24X + 0.66
Learn more about regression line here:
brainly.com/question/7656407
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The slope is mx+b so find two points in the graph and use y-rise/x-run