To determine how the number of housing starts is affected by mortgage rates, an economist recorded the average

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xr16-03.xls

Sheet1

Rate Starts
8.5 115
7.8 111
7.6 185
7.5 201
8.0 206
8.4 167
8.8 155
8.9 117
8.5 133
8.0 150

Sheet2

Sheet3