Robert has the following accounts on money spent on gambling and winnings:
$$\begin{array} { c c }
\text { Money Spent } & \text { Money Won } \
\hline 1000 & 2500 \
1200 & 4000 \
1800 & 4500 \
2000 & 4600 \
2500 & 5000 \
2800 & 4800 \
3500 & 5600 \
4000 & 6000 \
4200 & 5800 \
\hline
\end{array}$$
-Develop a regression equation that relates the money Robert spends and the money he wins.

Question

Robert has the following accounts on money spent on gambling and winnings:
 $$\begin{array} { c c } 
\text { Money Spent } & \text { Money Won } \
\hline 1000 & 2500 \
1200 & 4000 \
1800 & 4500 \
2000 & 4600 \
2500 & 5000 \
2800 & 4800 \
3500 & 5600 \
4000 & 6000 \
4200 & 5800 \
\hline
\end{array}$$
-Develop a regression equation that relates the money Robert spends and the money he wins.

Quizplus · Accepted Answer

The Answer of Robert has the following accounts on money spent on gambling and winnings:
 $$\begin{array} { c c } 
\text { Money Spent } & \text { Money Won } \
\hline 1000 & 2500 \
1200 & 4000 \
1800 & 4500 \
2000 & 4600 \
2500 & 5000 \
2800 & 4800 \
3500 & 5600 \
4000 & 6000 \
4200 & 5800 \
\hline
\end{array}$$
-Develop a regression equation that relates the money Robert spends and the money he wins.

Robert Has the Following Accounts on Money Spent on Gambling