4.2.1

Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs (x) and a gallon of milk ()) for certain months in a recent year. Compute the least-squares regression line for predicting the price of milk from the price of eggs. Dozen Eggs Gallon of Milk 1.28 3.18 1.13 3.23 1.16 3.23 1.19 3.21 1.14 3.12 1.17 3.09 1.17 3.14 1.28 3.13 1.26 3.17 1.28 3.21 Send data to Excel Part: 0 / 3 Part 1 of 3 Compute the least-squares regression line for predicting the price of milk from the price of eggs. Round the slope and y-intercept to at least four decimal places. Regression line equation: y = |3.1695 + 0.0011=]. X 5