XYZ Corporation stock prices: The following table shows the average stock price, in dollars, of XYZ Corporation in the given month.
a. Find the equation of the regression line. (Round the regression coefficients to three decimal places.)
b. Plot the data points and the regression line.
c. Explain in practical terms the meaning of the slope of the regression line. d. Based on the trend of the regression line, what do you predict the stock price to be in January 2009? January 2010?
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