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# One of the Primary Feeds for Beef Cattle Is CornThe Least-Squares Regression Line for Predicting the Ribeye Price from the Following

Question 12
Multiple Choice
Question 12
Multiple Choice

## One of the primary feeds for beef cattle is corn. The following table presents the average price in dollars for a bushel of corn and a pound of ribeye steak for 10 consecutive months.$\begin{array}{cc}\hline \text { Corn Price }(\ / \mathrm{bu}) & \text { Ribeye Price }(\ / \mathrm{lb}) \\\hline 6.35 & 12.87 \\6.20 & 13.30 \\5.82 & 11.85 \\6.18 & 12.64 \\6.00 & 12.29 \\6.57 & 14.16 \\\hline\end{array}$The least-squares regression line for predicting the ribeye price from the corn price is $y = - 4.8904 + 2.8678 x$ .Predict the ribeye price in a month when the corn price was $\ 6.40$ per bushel.

A) $\ 12.79$ per lb
B) $\ 15.30$ per $\mathrm { lb }$
C) $\ 18.35$ per $\mathrm { lb }$
D) $\ 13.46$ per lb

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