Transcript text: MATH 1342 4.2 Least Squares Regression Line
Question 10 of 11 (1 point) | Question Attempt: 1 of Unlimited
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 interest rate in percent $(x)$.
Part 1 of 3
Write the equation of the least-squares regression line. Use the full accuracy shown in the calculator output (do not round your answers).
Regression line equation: $\hat{y}=2.26054252+0.34380511 x$
Part: $1 / 3$
Part 2 of 3
What is the correlation between the interest rate and the yield of the stock?
The correlation coefficient is $\square$ .