The equation y = 65.18x+21.43 fits the scatterplot of the values for stock ABC over the past month with an r-value of 0.9874. How much do you think ABC will be worth at x= 32 days?

Given:
There is an equation given as
[tex]y=65.18x+21.43[/tex]fits the scatterplot of the values for stock ABC over the past month with an r-value of 0.9874.
Required:
We need to find that what will be worth at x= 32 days?
Explanation:
The equation fits the scatter plot of the values for stock ABC over past month with r-value of 0.9874 is
[tex]y=65.18x+21.43[/tex]to find ABC will be worth at x=32 just substitute x=32 in the given equation
[tex]y=65.18(32)+21.43=2058.76+21.43=2107.19[/tex]Final answer:
Therefore, $2107.19 ABC will be worth at x=32 days