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The January stock market Some people think that the behavior of the stock market in January predicts its behavior for the rest of the year. Take the explanatory variable x to be the percent change in a stock market index in January and the response variable y to be the change in the y index for the entire year. We expect a positive correlation between x and y because the change y during January contributes to the full year's change. Calculation from data for an 18-year period gives x = 1.75% S,= 5.36% y = 9.07% $y = 15.35% r=0.596 Find the equation of the least-squares line for predicting full-year change from January change. Show your work.

The January stock market Some people think that the behavior of the stock market in-example-1

1 Answer

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Step-by-step explanation:

Given:


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User Jirico
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