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In: Statistics and Probability

#6 The accompanying data are x = advertising share and y = market share for a...

#6

The accompanying data are x = advertising share and y = market share for a particular brand of cigarettes during 10 randomly selected years.

x 0.102 0.072 0.071 0.077 0.086 0.047 0.060 0.050 0.070 0.052
y 0.138 0.125 0.120 0.086 0.079 0.076 0.065 0.059 0.051 0.039

(a) Calculate the equation of the estimated regression line. (Round your answers to six decimal places.)
y =



Obtain the predicted market share when the advertising share is 0.09. (Round your answer to five decimal places.)


(b) Compute r2. (Round your answer to three decimal places.)


(c) Calculate a point estimate of σ. (Round your answer to four decimal places.)


On how many degrees of freedom is your estimate based?


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