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28 December, 02:42

The table below represents the closing prices of stock ABC for the last 5 days. What is the r-value of the linear regression that fits these dаta:

Day Value

1 472.08

2 454.26

3 444.95

4 439.49

5 436.55

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Answers (1)
  1. 28 December, 03:00
    0
    To answer this one, you may use scientific calculator that is capable of generating the value of r in the regression. We let the day be the values of x and the value be the values of y. By performing the task in the scientific calculator, it was found out that the value of r is - 0.947.
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