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More Info The following table lists the number of home improvement loans approved by a...

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Accounting

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More Info The following table lists the number of home improvement loans approved by a finance company, along with the loan interest rate. Click the icon to view the data table. a. Deveiop a regression forecast model using the interest rate (in \%) as the predictor (i.e., independent) variable. if necessary) b. If the interest rate is 11%, the bank should expect to make loans. (Enter your response rounded to the neavest whole number) If the interest rate is 4.5%, the bank should expect to make loans. (Enter your response rounded to the nearest whole number.)

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