The Wellton Fund is a balanced mutual fund that includes a mix of stocks and bonds. Following
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The Wellton Fund is a balanced mutual fund that includes a mix of stocks and bonds. Following are the year-end share prices of the fund and Dow Jones Industrial Average (DJIA) for a 20-year period:
Develop a linear regression model for these data and forecast the fund share price for a DJIA of 12,000. Does there appear to be a strong relationship between the fund’s share price and the DJIA?
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