Question: Given these five pairs of (x, y) values (a) Plot the points on graph paper. (b) From a visual inspection, draw a straight line that

Given these five pairs of (x, y) valuesx 1 2 3 4 5 y 1 2.2 2.6 3.4 3.9

(a) Plot the points on graph paper.

(b) From a visual inspection, draw a straight line that appears to fit the data well.

(c) Compute the least squares estimates and and draw the fitted line.

x 1 2 3 4 5 y 1 2.2 2.6 3.4 3.9

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