Question

In: Statistics and Probability

Given the following data: x 2 8 5 12 9 y 6 11 7 14 10...

Given the following data:

x 2 8 5 12 9
y 6 11 7 14 10

a) draw/graph a scatter plot.

b) by hand, find the correlation coefficient r.

c) by hand, find b0 and b1.

d) write the regression equation.

Solutions

Expert Solution

Solution(a)
Scatter plot can be constructed as follows

Solution(b)
Correlation coefficient r can be calculated as
Correlation coefficient = ((n*Xi*Yi)-(Xi*Yi))/sqrt(((n*Xi^2)-(Xi)^2))*((n*Yi^2)-(Yi)^2)))

X Y X^2 Y^2 XY
2 6 4 36 12
8 11 64 121 88
5 7 25 49 35
12 14 144 196 168
9 10 81 100 90
36 48 318 502 393


Correlation coefficient = ((5*393)-(36*48))/sqrt(((5*318)-(36*36))*((5*502)-(48*48))) = 237/sqrt(294*206) = 0.9630
Solution(c)
The slope of regression line b1 can be calculated as
Slope b1 = ((n*Xi*Yi)-(Xi*Yi))/((n*Xi^2)-(Xi)^2)) = ((5*393)-(36*48))/((5*318)-(36*36)) = 237/294 = 0.8061

The intercept of the regression line can be calculated as
Intercept b0 = ((Yi - Slope * Xi))/n = (48-0.8061*36)/5 = 18.98/5= 3.7959
Solution(d)
Regression equation can be written as
Y = b0+b1*X
Y = 3.7959 + 0.8061*X


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