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If the price of eggs differs by from one month to the next, by how much would you expect the price of milk to differ? Round the answer to two decimal places.

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Answer:

The numbers are missing, as well as the first part of the question. I looked for a similar question and found the attached data.

first you need to calculate the regression line equation, which in this case = 0.59343x + 2.01844

the slope coefficient = 0.59343

if the price of milk differs by $0.15, then the price of eggs will change by $0.15 x 0.59343 = $0.089 or $0.09

If the price of eggs differs by from one month to the next, by how much would you-example-1
If the price of eggs differs by from one month to the next, by how much would you-example-2
User IvanIvanov
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