It appears that, over the past 50 years, the number of farms in Canada declined while the
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It appears that, over the past 50 years, the number of farms in Canada declined while the average size of farms (in hectares) increased. The following data show five-year interval data for Canadian farms. Use these data to develop the equation of a regression line to predict the average size of a farm by the number of farms. Discuss the slope and y-intercept of the model.
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
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