Gambling and winnings-linear regression equation

Reference no: EM1397296

The following table summarizes data between money spent on gambling and winnings for Robert.

Money Spent Money Won
x y
12 62
10 54
16 86
18 100
15 80
10 57
5 26
12 60
22 105
25 140

Develop a linear regression equation for these data and forecast how much money Robert will win if he spends $30.

Reference no: EM1397296

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