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Certain private water utilities in Wyoming charge a variable rate for the drinking water they provide to residences. One customer's bills over a 36-month period
Certain private water utilities in Wyoming charge a variable rate for the drinking water they provide to residences. One customer's bills over a 36-month period were used to fit a linear regression to predict charges on future bills according to gallons consumed. The resulting regression equation is Bill Amount = 16.9 (8.01 x Thousand Gallons) a) Interpret the slope in the context of the problem. b) Interpret the intercept in the context of the
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