Question: Transform the following model to linear form so that the coefficients can be evaluated using the principle of least squares. Obtain estimates of the unknowns

Transform the following model to linear form so that the coefficients can be evaluated using the principle of least squares. Obtain estimates of the unknowns a and b using the data base y= 10+ bx 2 3 5 X 1 2 3 4 84

Compute the correlation coefficient and the standard error of estimate, and comment on the goodness of fit.

y= 10+ bx 2 3 5 X 1 2 3 4 84 13 5

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