G how to calculate percen! × × th.com/alekscgi/x/Asl.exe/1o.u-IgNslkr7j8P3jH-IBS

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G how to calculate percen! × × th.com/alekscgi/x/Asl.exe/1o.u-IgNslkr7j8P3jH-IBS xZvCapletwzpEFAG30CjF6HIN-12koSQM7ge Essential Statistics, 2e Ed MATH Hosted by ALEKS Corp Final Test Previous 1112 13 14 15 16 Next Question 15 of 16 (15 points) View problem in a.pop-up Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope andy- intercept to four decimal places Regression line equation -|1·7489 + .9646 Part 2 If two institutions have budgets that differ by 20 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. In 2006 their budgets would differ by 19.292 million dollars. Part 3 out of 3 Predict the 2006 budget for an organization whose 2004 budget was 250 million dollars. Round the answer to one decimal place. million dollars. The 2006 budget is predicted to be

Explanation / Answer

Solution:-

Solution:- The 2006 budget is predicted to be 242.9 million dollars.

given that eqution : y^ = 1.7489+0.9646x

=> y^ = 1.7489+0.9646(250)

= $242.8989 million

= $242.9 million (rounded)

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