Question

In: Statistics and Probability

Draw the scatter diagram. Solve the type of relation that exists occurs between x/y. Figure out...

Draw the scatter diagram. Solve the type of relation that exists occurs between x/y. Figure out what the least squares regression line is.

x y
1    4.8
2    1.0
3    3.2
4 7.6
5 5.9
6 1.7

7    6.2

8 10.4

Solutions

Expert Solution

This is scatter plot obtained.

the relationship between X an Y seems to be positive hence

least squares regression is possible

The following data are passed:

X Y
1 4.8
2 1
3 3.2
4 7.6
5 5.9
6 1.7
7 6.2
8 10.4

The independent variable is X, and the dependent variable is Y. In order to compute the regression coefficients, the following table needs to be used

X Y X*Y X2 Y2
1 4.8 4.8 1 23.04
2 1 2 4 1
3 3.2 9.6 9 10.24
4 7.6 30.4 16 57.76
5 5.9 29.5 25 34.81
6 1.7 10.2 36 2.89
7 6.2 43.4 49 38.44
8 10.4 83.2 64 108.16
Sum = 36 40.8 213.1 204 276.34

Based on the above table, the following is calculated:

Therefore, based on the above calculations, the regression coefficients (the slope m, and the y-intercept n) are obtained as follows:

Therefore, we find that the regression equation is:


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