The following table gives the data for the average temperature and the snow accumulation in several small towns for a single month. Determine the equation of the regression line, yˆ=b0+b1xy^=b0+b1x. Round the slope and y-intercept to the nearest thousandth. Then determine if the regression equation is appropriate for making predictions at the 0.01 level of significance.
1. Regression equation: y=__________
2. Is the equation appropriate? yes or no
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