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Interpreting technology: The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock y from

Interpreting technology:The following display from the TI-84 Plus calculator presents the least-squares regression line for predicting the price of a certain stock y from the prime inter

Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers).

LinReg

y= a+bx

a= 1.63243655

b= 0.38612102

r^2 = 0.4044584896

r= 0.63597051

A. Regression line equation: =y

B. What is the correlation between the interest rate and the yield of the stock? C. Predict the price when the prime interest rate is 6%. Round the answer to at least four decimal places.

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