The table contains price-supply data and price-demand data for corn. Find a linear regression model for the price-supply data where x is supply (in billions of bushels) and y is price (in dollars). Do...

Extracted text: The table contains price-supply data and price-demand data for corn. Find a linear regression model for the price-supply data where x is supply (in billions of bushels) and y is price (in dollars). Do the same for the price-demand data. Find the equilibrium price for corn. Find a linear regression model for the price-supply data where x is supply (in billions of bushels) and y is price (in dollars). TIT y = - 3.541 + 4.74x Price ($/ bu) Supply (billion bu) Price ($/ bu) Demand (billion bu) (Type an equation using x as the variable. Round to two decimal places as needed.) 2.19 6.46 2.01 9.79 2.21 7.32 2.11 9.41 2.31 7.52 2.25 8.38 2.44 7.91 2.33 8.15 2.45 8.18 2.34 7.79 2.53 8.34 2.47 6.88