Question: Consider the following values for the dependent and independent variables: x y 5.10 15...15 40...25 50...44 60...79 80..112 a. Develop a scatter plot of the

Consider the following values for the dependent and independent variables:
x y
5…………………….10
15…………………...15
40…………………...25
50…………………...44
60…………………...79
80…………………..112
a. Develop a scatter plot of the data. Does the plot suggest a linear or nonlinear relationship between the dependent and independent variables?
b. Develop an estimated linear regression equation for the data. Is the relationship significant? Test at an α = 0.05 level.
c. Develop a regression equation of the form = b0 + b1 x + b2 x2. Does this equation provide a better fit to the data than that found in part b?

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