I need help in solving the below The table shown gives the average cost of a 30

Question

I need help in solving the below

The table shown gives the average cost of a 30 second commercialslot during a highly watched television awards show for the years1988 through 2003.

Years since1990            8         9               10         11            12          13
CommercialCost            0.85       1.08          1.19      1.32         1.29       1.37
(in millions of dollars)

* linear regression: y=0.096x+0.175

     Solve the below
* Find the rate at which the cost of a 30 second commercial duringthe awards show is increasing per year.
           Thecost of a 30 second commercial during the awards show is increasingat a rate of $?
           million per year

Explanation / Answer

The rate of change is simply the slope of your regressionline. In this case it is 0.096

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