Predict the price of milk in a month when the price of eggs is $1.63. Round the answer to two decimal places.

Question 14 of 14 (1 point) | Question Attempt 1 of 3 Price of eggs and milk: The following table presents the average price in dollars for a dozen eggs (x) and a gallon of milk (y) for certain months in a recent Espanol year. Compute the least-squares regression line for predicting the price of milk from the price of eggs. Dozen Eggs Gallon of Milk 1.69 3.12 1.77 3.08 OO 1.50 3.07 1.53 3.01 1.50 2.99 1.63 2.98 1.63 2.98 1.60 3.05 M 1.71 3.03 1.77 3.11 Send data to Excel 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 - 0.2627x + 2.6131 Part 2 of 3 If the price of eggs differ by $0.30 from one month to the next by how much would you expect the price of milk to differ? Round the answer to two decimal places