Question

In: Statistics and Probability

Now, let’s calculate the least-squares line based on your data.  Show your work.    x y x2...

  1. Now, let’s calculate the least-squares line based on your data.  Show your work.   

x

y

x2

xy

y2

1045

183

2266

283

584

163

444

205

2746

283

698

146

796

143

1304

223

2. Determine the Sample Correlation Coefficient, .

Solutions

Expert Solution

Solution :

X Y XY X^2 Y^2
1045 183 191235 1092025 33489
2266 283 641278 5134756 80089
584 163 95192 341056 26569
444 205 91020 197136 42025
2746 283 777118 7540516 80089
698 146 101908 487204 21316
796 143 113828 633616 20449
1304 223 290792 1700416 49729
n 8
sum(XY) 2302371.00
sum(X) 9883.00
sum(Y) 1629.00
sum(X^2) 17126725.00
sum(Y^2) 353755.00
Numerator 2319561.00
Denominator 2634303.75
r 0.8805
r square 0.7753
Xbar(mean) 1235.3750
Ybar(mean) 203.6250
SD(X) 884.7641
SD(Y) 54.3377
b 0.0590
a 130.7852

Sample Correlation Coefficient = r = 0.8805


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