Use the following information to answer questions
Green Thumb Garden Supplies reported the following information for 2021 and 2022:
-What is the price-earnings ratio?
Definitions:
Simple Linear Regression
A statistical method for modeling the relationship between a single independent variable and a dependent variable by fitting a linear equation to observed data.
Linear Regression
A statistical method for modeling the relationship between one dependent variable and one or more independent variables using a linear equation.
Population Parameters
Numerical characteristics that describe certain aspects of a population.
Y-intercept
The value of the dependent variable in a linear equation when the independent variable is zero, representing the point of intersection with the y-axis on a graph.
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