36. thanks! The following table lists the number of home improvement loans approved by a finance company,
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36. thanks!
The following table lists the number of home improvement loans approved by a finance company, along with the loan interest rate. Click the ken to view the data table. a. Develop a regression forecast model using the interest rate (in % ) as the predictor (ie, indopendent) variabile. The regression model is Number of loans = ix interest tate. (Enter your responses rounded to hro docimal places and include a minus sign if nocessary.) b. If the intereat rate is 11%, the bank should expect to make loans. (Enter your response rounded to the noarost whole number) If the interest rate is 7.5%, the bank should expect to make loans. (Enter your rosponse rounded to the nearest whole number.) gression forecast model using the interest rate (in \%) as the predictor (i.e., independent) variable. model is Numbe at rate is 11%, the More Info rate is 7.5%, the b
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