Regression line and making predictions

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Reference no: EM1322380

Finding the Equation of the Regression Line and Making Predictions. Find the regression equation, letting the first variable be the predictor (x) variable. Find the indicated predicted value by following the prediction procedure.

CPI and Pizza find the best predicted cost of a slice of pizza when the Consumer Price Index (CPI) is 182.5 (in the year 2000).

CPI

30.2

48.3

112.3

162.2

191.9

197.8

Cost of pizza

0.15

0.35

1.00

1.25

1.75

2.00

Reference no: EM1322380

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