Linear regression equation and forecast

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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: EM1396157

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