In: Statistics and Probability
18) Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per 100,000 people, find the best predicted crash fatality rate for a year in which there are 400 metric tons of lemon imports. Is the prediction worthwhile?
Lemon Imports Crash Fatality Rate
234 16
262 15.8
365 15.5
500 15.4
534 15