Question: Consider the following pairs of observations: a. Construct a scatterplot of the data. b. Use the method of least squares to fit a straight line

Consider the following pairs of observations:

a. Construct a scatterplot of the data.
b. Use the method of least squares to fit a straight line to the six data points.
c. Graph the least squares line on the scatterplot of part a.
d. Compute the test statistic for determining whether x and y are linearly related.
e. Carry out the test you set up in part d, using Î± = .01.
f. Find a 99% confidence interval for Î²1.

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a The scattergram of the data is given below b Total 20 19 y 206 366 and x ... View full answer

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