Question: Given are five observations for two variables, x and y . x i 3 12 6 20 14 y i 55 40 55 10 15
Given are five observations for two variables,
x
and
y
.
x
i
3 12
6 20 14
y
i
55 40
55
10
15
a.
Develop a scatter diagram for these data.
b. w
hat does the scatter diagram developed in part (a) indicate about the relationship
between the two variables?
c.
Try to approximate the relationship between
x
and
y
by drawing a straight line through
the data.
d.
Develop the estimated regression equation by computing the values of
b
0
and
b
1
using
equations (14.6) and (14.7).
e.
Use the estimated regression equation to predict the value of
y
when
x
=
10.
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