Linear Regression and Correlation. x y 2 10.16 3 2.19 4 3.12 5 -1.75 6 7.48...

Linear Regression and Correlation.

x	y
2	10.16
3	2.19
4	3.12
5	-1.75
6	7.48
7	9.31

Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and b is the intercept.
Use at least 3 decimal places.
y =__x +___
Compute the correlation coeficient for this data set. Use at least 3 decimal places.
r=

Compute the P-value (Use H_A: slope ≠ 0 for the alterantive hypothesis.)
P-value =

At the alpha = 0.01 significance level, is the correlation significant?

Yes, significant correlation
No

Expert Solution

orchestra answered 2 years ago

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