Question: stats math question Question 01: a) Construct scatterplot; determine if linear model is appropriate. b) Find the least squares prediction line c) Estimate consumption expenditure

stats math question


Question 01: a) Construct scatterplot; determine if linear model is appropriate. b) Find the least squares prediction line c) Estimate consumption expenditure in a household with an income of (i) $6,000 (ii) $25,000. Comfortable with estimates? d) Compute the residuals. Income X 5 9 13 17 Expenditure Y 7 6 9 8 10Question 03: Compute the linear correlation coefficient for the height and weight pairs (68,151) (72,163) (69,146) (72,180) (70,157) (73,170) (70,164) (73,175) (71,171) (74,178) (72,160) (75,188)
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