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Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y-intercept to at

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Part 1 of 3 Compute the least-squares regression line for predicting the 2006 budget from the 2004 budget. Round the slope and y-intercept to at least four decimal places. Regression line equation: y = -1.5764 + 1.0583x Part: 1 / 3 Part 2 of 3 If two institutions have budgets that differ by 12 million dollars in 2004, by how much would you predict their budgets to differ in 2006? Round the answer to three decimal places. X In 2006, their budgets would differ by 6.8192 million dollars. X 5

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