Suppose a Vancouver statistician relates the number of hours x they slept during a night and P, the next day's closing price for shares of Royal Bank stock on the Toronto Stock Exchange. The researcher sleeps an average of 8 hours daily and the average price of Royal Bank stock is $120

The researcher computes a regression equation P = 100 + 2.5x

On a particular night, the statistician gets zero sleep. Our best approximation for the closing price of Royal Bank stock the next day will then equal $100

True

False