In: Statistics and Probability
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?