Once you see "y1=" on your screen-- and make sure you've cleared out any functions that are already entered there for y1, y2, etc.-- follow these steps:
On the TI-82/83: hit VARS, select Statistics, then Eq, then RegEq; your calculator will automatically type in the last model you found.
On the TI-85/86: go to CATALOG or CATLG-VARS (which is 2nd, CUSTOM),
select ALL, then page down (using F1) until you see "RegEq" and select that.
Your Y= editor now shows "y1=RegEq." If you graph that, you will
see the model.