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Q1) Following data represent x = boat sales and y = boat trailer sales from 1995 through 2000.
Boat sales
boat trailer sales
year
thousands
1995
649
207
1996
619
194
1997
596
181
1998
576
174
1999
585
168
2000
574
159
a) Find out the least-squares regression line and interpret its slope.
b) Estimate, for year during which 500,000 boats are sold, number of boat trailers that would be sold.
What reasons might describe why number of boat trailers sold per year is less than te number of boats sold per year?
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