Question: Using the table below, calculate the variance of X, variance of Y, standard deviation of X, standard deviation of Y, the covariance between X and
Using the table below, calculate the variance of X, variance of Y, standard deviation of X, standard deviation of Y, the covariance between X and Y, the correlation coefficient between X and Y, and find the regression line assuming X is the independent variable (find the slope and the intercept). In the end, verify that the sum of the residuals equals 0. Show your work.
Yhat denotes predicted Y values on the regression line given the X values. Plug the X values from the first column in the regression line that you have obtained.
ehat denotes residuals. Residuals are defined as actual Y values minus the predicted Y values, that is, subtract Yhat from Y.
Verify that the sum of this last column is 0.

Calculate the following and show the formulas used and your work. m: m: Variance ofX: Variance of Y: Standard Deviation ofX: Standard Deviation of Y: Covarianee between X and Y: Correlation Coeieient between X and Y: The Slope of the Regression Line: The Y Intercept of the Regression Line: Write out the regression line
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