For the data in Table

Name:

Date:

Course and Section:

Instructor:

For the data in Table 7-1:

7-1: Calculate the regression equation for the entire range of data. (5 points)

7-2: Is this a usable regression line? (2 points)

7-3: Develop two other regression lines based on 12, 24, 30, 36 and 46 months of data. (10 points)

7-4: Which line would you use and why? (8 points)