Below are the values for two variables x and y obtained from a sample of size...

60.1K

Verified Solution

Question

Statistics

Below are the values for two variables x and y obtained from asample of size 5. We want to build a regression equation based thesample data.

ŷ = b₀ + b₁x

yx
165
2110
86
2812
5314
1The sum product of x and y is,
a1416
b1451
c1466
d1481
2The value in the numerator of the formula to compute the slope ofthe regression equation is,
a211.4
b217.9
c224.7
d231.6
3The sum of squared x is,
a495
b501
c514
d522
4The slope coefficient b₁ is,
a5.3845
b4.9857
c4.2251
d3.9122
5The intercept coefficient is,
a-10.0697
b-11.5743
c-12.7318
d-13.3683

Answer & Explanation Solved by verified expert
4.3 Ratings (937 Votes)
    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students