Question

You saved most of your money from your job last year but had to stop working you have been spending the Sam amount of money each month (x) with January being month 1 February being month 2 march month 3 and so on you create the following linear regression equation according to your spending habits y=-158x+2,378 , what does x represent

Answer 1

In the linear regression equation y = -158x + 2,378:

- "x" represents the number of months that have passed, starting with January being month 1, February being month 2, March being month 3, and so on.

So, "x" in this equation represents the time in months. It is used to predict the amount of money you spend ("y") based on the number of months that have passed.

You’re Welcome :)