Question: QUESTION 24 Consider the following data 31 75 71 6 96 56 85 18 80 82 83 57 100 30 68 56 (a) Calculate the

 QUESTION 24 Consider the following data 31 75 71 6 96

56 85 18 80 82 83 57 100 30 68 56 (a)

QUESTION 24 Consider the following data 31 75 71 6 96 56 85 18 80 82 83 57 100 30 68 56 (a) Calculate the covariance of x and y, denoted Sxy. (b) Calculate the least squares (bo and b1) and provide the regression equation y = bo + bix. (5) (c) Calculate the coefficient of correlation? (d) Calculate the coefficient of determination? (e) What does the coefficient of determination tells you? [18]

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