Question: Given are five observations for two variables, x and y. Xi 3 12 6 20 14 Yi 55 40 55 10 15 a. Develop

Given are five observations for two variables, x and y. Xi 3 12 6 20 14 Yi 55 40 55 10 15 a. Develop a scatter diagram for these data. b. What does the scatter diagram develop 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 bo and br using equations (14.6) and 14.7). e. Use the estimated regression equation to predict the value of y when x = 4.

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