OpenStax, Introductory Statistics 2e §12.1 Linear Equations · Exercise 16 · Statistics · Regression & correlation
Linear Equations · Exercise 16
The price of a single issue of stock can fluctuate throughout the day. A linear equation that represents the price of stock for Shipment Express is y = 15 – 1.5x where x is the number of hours passed in an eight-hour day of trading.
If you owned this stock, would you want a positive or negative slope? Why?
Its source prints no answer for this problem, so there's nothing to check against.
OpenStax, Introductory Statistics 2e · §12.1 Linear Equations · Exercise 16
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