3. The following sample contains values of the price and quantity sold of a particular commodity. Use quantity sold as the dependent variable Y. Price (X) Quantity sold (Y) 6.00 3.00 7.00 1.00 2.00 8.00 53 67 48 Σ w=27, Σy=342, Σ α2=163, Σ my=1295, Σ y = 21062, n = 6. a. Estimate the regression line and also write the prediction equation. = 83.4578 5.8795 x CF 76 70 28 n B (99+ Ra

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