In: Statistics and Probability
Consider the bivariate data:
x : 10 , 12 , 14 , 15 , 16
y : 8 , 7 , 5 , 4 , 1
Formulate the linear regression formula and estimate the value of y when x=5
Let the regression equation be given by
y=mx+c
Here, m represent slope of the regression line and c represent intercept of the regression line.
Here we need to find the value of m and c.
The value of slope is given by

The value of intercept is given by

Here the values are given
below






The linear regression equation is given by

Here, we need to find the value of y for given value of x=5


The value of y is 14.05184
The graph of the regression line is given below
