Question: Linear Regression (Algo) The following data were collected during a study of consumer buying patterns: Observation X 1 y Observation y 18 69 8 19

Linear Regression (Algo) The following data wereLinear Regression (Algo) The following data were

Linear Regression (Algo) The following data were collected during a study of consumer buying patterns: Observation X 1 y Observation y 18 69 8 19 81 2 26 81 9 75 41 85 76 35 77 83 95 21 86 29 90 46 93 33 86 Click here for the Excel Data File Obtain a linear regression line for the data.(Round your intermediate calculations and final answers to 3 decimal places.) y = X What percentage of the variation is explained by the regression line? (Do not round intermediate calculations. Round your answer to the nearest whole percent.) Approximately % of the variation in the dependent variable is explained by the independent variable. - 3 4 567 10 10 10 10 SUWAN 56 12 m Brag 10 11 12 13 40S196X LLLENG 14 25 20 1880 B Simple Linear Regression

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