Question: ANSWER ALL THE PROBLEMS NEATLY, COMPLETELY AND LOGICALLY. SHOW ALL YOUR SOLUTIONS. The table below gives the bushels of corn per acre resulting from the

ANSWER ALL THE PROBLEMS NEATLY, COMPLETELY AND LOGICALLY. SHOW ALL YOUR SOLUTIONS. The table below gives the bushels of corn per acre resulting from the use of various amounts of fertilizer in pounds per acre:

n BUSHELS OF CORN PRODUCED (Y) AMOUNT FERTILIZER USED (X)

1 40 6

2 44 10

3 46 12

4 48 14

5 52 16

6 58 18

7 60 22

8 68 24

9 74 26

10 80 32

a. Draw a scatter plot for the given data. (5 points)

b. Economics teaches us that production is a function of inputs. Find linear equation between the two variables using the method of least squares. (10 points)

c. Compute for the coefficient of correlation r and interpret. (10 points)

d. What would be the yield if 35 pounds of fertilizer will be used? (5 points)

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