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Robert Has the Following Accounts on Money Spent on Gambling

Question 62

Essay

Robert has the following accounts on money spent on gambling and winnings:
 Money Spent  Money Won 100025001200400018004500200046002500500028004800350056004000600042005800\begin{array} { c c } \text { Money Spent } & \text { Money Won } \\\hline 1000 & 2500 \\1200 & 4000 \\1800 & 4500 \\2000 & 4600 \\2500 & 5000 \\2800 & 4800 \\3500 & 5600 \\4000 & 6000 \\4200 & 5800 \\\hline\end{array}
-Develop a regression equation that relates the money Robert spends and the money he wins.

Correct Answer:

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Y = 2613.3...

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