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x - 3, 5, 2, 6, 5, 8

y - 70, 76, 91, 54, 84, 40

The following table number of absences (x) and the grade earned on the first exam (y) for a statistics class. The least squares regression line is the form y= bo + b1x.  Compute the value of bo.  That is, compute the intercept round your answer to two decimal places.

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