Question

Rate	Starts
8.5	115
7.8	111
7.6	185
7.5	201
8.0	206
8.4	167
8.8	155
8.9	117
8.5	133
8.0	150

This is a stats and business economics question. Topic simple linear regression and correlation.

things to calculate manually are:

Calculate the mean and variance of the housing start column and explain if you could.

Calculate the mean and variance of the mortgage rate column and explain if you could.

Calculate the covariance between housing starts and mortgage rates and explain if you could.

Estimate the regression line, and plz plz explain the slope.

Answer 1

Thank You?