Answer:
ŷ = -0.07637X + 61.36874
Step-by-step explanation:
Score, x :
545
595
640
675
705
750
Interest %, y:
18.982
17.967
12.218
8.612
6.680
5.150
Using the ordinary least square regression calculator :
The equation of best fit obtained is :
ŷ = -0.07637X + 61.36874
Slope = - 0.07637 (depicts a negative relationship between the variables).
Intercept = 61.36874
Score, X = explanatory variable ; Interest rate, Y = response variable
