24. How long would it take you to double your money is the bank pays 3.6% interest, compounded
1 answer:
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Answer:
The equation of the regression line for the following data is:
y=2.4x+120.1
Step-by-step explanation:
We are given a set of data values in table form as:
Day(x) Number of visitors(y)
1 120
2 124
3 130
4 131
5 135
6 132
7 135
Hence, when we draw a scatter plot with the help of these data points using the linear regression calculator we see that the regression line is a line with y-intercept as (0,120.1) and x-intercept as (-50.04,0)
Hence, the regression line for the following data is:
y=2.4x+120.1
