Mathematics, 25.05.2021 16:00 joelpimentel
A bank adjusts its interest rates for new certificates of deposit daily. The table shows the interest rates on the first of the month for January through May. Find the best fitting model for the data. If this pattem were to continue, what would the interest rate be on the first of June? Month 1 2 3 4 un Rate 3.9 44 4.6 3.8 3.1 a) The best fit equation is D) The R value is : c) The interest rate on the first of July will be :: y=-0.243.12 +1.2371 + 2.92 :: y = -0.22+ 4.62 * 3.3 1.6 : 0.955 :: 0.353
Answers: 2
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A bank adjusts its interest rates for new certificates of deposit daily. The table shows the interes...
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