Questions: Use the given data to find the equation of the regression line. Examine the scatterplot and identify a characteristic of the data that is ignored by the regression.
x: 8, 3, 12, 9, 5, 10, 13, 6, 7, 11, 4
y: 17.18, 5.24, 20.34, 18.50, 11.08, 19.46, 20.24, 13.46, 15.50, 20.08, 8.34
ŷ = (Round to two decimal places as needed.)
Transcript text: Use the given data to find the equation of the regression line. Examine the scatterplot and identify a characteristic of the data that is ignored by the regression.
\begin{tabular}{cccccccccccc}
\hline $\mathbf{x}$ & 8 & 3 & 12 & 9 & 5 & 10 & 13 & 6 & 7 & 11 & 4 \\
$\mathbf{y}$ & 17.18 & 5.24 & 20.34 & 18.50 & 11.08 & 19.46 & 20.24 & 13.46 & 15.50 & 20.08 & 8.34 \\
\hline
\end{tabular}
$\hat{y}=$ $\square$ $\square$ x (Round to two decimal places as needed.)
Solution
Solution Steps
To find the equation of the regression line, we need to calculate the slope (m) and the y-intercept (b) using the least squares method. The formulas for the slope and y-intercept are: