4.2.3

Price of eggs and milk: me following table presents the average price in dollars fora dozen eggs (3:) and a gallon of milk (y) for oertain months in a neoent year. Compute the leastsquares regression line for predicting the price of milk from the price of eggs. Dozen Eggs Gallon of Ililk 128 3.18 1.13 323 1.16 323 1.19 321 1.14 3.12 1.17r 3.09 1.17 3.14 128 3.13 1.26 3.17 128 321 Sew-dammed Compute the leastsquares regression line for predicting the price of milk from the price of eggs. Round the slope and yintercept to at least four decimal places. A Regression line equation: y = D. Part 2 of 3 If the price of eggs differs by $0.15 from one month to the next, by how much would you expect the price of milk to differ? Round your answer to at least two decimal places. The price of milk would differ by $