Question: 3. The following observations were randomly selected. X Y 5 3 13 15 7 6 3 12 4 13 4 11 6 9 8

3. The following observations were randomly selected. X Y 5 3 13

3. The following observations were randomly selected. X Y 5 3 13 15 7 6 3 12 4 13 4 11 6 9 8 00 5 a. Determine and interpret the correlation coefficient. Test the significance at 5 percent level of significance. b. Determine the regression equation and interpret. Estimate Y when X is 10 c. Test the significance of the slope (Standard error of the slope estimate = 0.30).

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a The correlation coefficient for the given data is 0632 This indicates a moderate positive correl... View full answer

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