A student uses the given set of data to compute a least-squares regression line and a correlation coefficient: 0.7 0.8 1.7 1.7 1.3 2.6 8.0 y 1 2 1 1 5 The student claims that the regression line does an excellent job of explaining the relationship between the explanatory variable x and the response variable y. Is the student correct? No, because the outlier is inflating the correlation coefficient. No, because the slope of the regression line is only 0.54. Yes, because r2 = 0.74 means that 74% of the variation in y is explained by the least-squares regression of y on x. Yes, because the correlation coefficient is r = 0.86, which is close to 1. 2.

Linear Algebra: A Modern Introduction
4th Edition
ISBN:9781285463247
Author:David Poole
Publisher:David Poole
Chapter7: Distance And Approximation
Section7.3: Least Squares Approximation
Problem 31EQ
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A student uses the given set of data to compute a least-squares regression line and a correlation coefficient:
0.7
0.8
1.7
1.7
1.3
2.6
8.0
y
1
2
1
1
5
The student claims that the regression line does an excellent job of explaining the relationship between the explanatory
variable x and the response variable y. Is the student correct?
No, because the outlier is inflating the correlation coefficient.
No, because the slope of the regression line is only 0.54.
Yes, because r2 = 0.74 means that 74% of the variation in y is explained by the least-squares regression of y on x.
Yes, because the correlation coefficient is r = 0.86, which is close to 1.
2.
Transcribed Image Text:A student uses the given set of data to compute a least-squares regression line and a correlation coefficient: 0.7 0.8 1.7 1.7 1.3 2.6 8.0 y 1 2 1 1 5 The student claims that the regression line does an excellent job of explaining the relationship between the explanatory variable x and the response variable y. Is the student correct? No, because the outlier is inflating the correlation coefficient. No, because the slope of the regression line is only 0.54. Yes, because r2 = 0.74 means that 74% of the variation in y is explained by the least-squares regression of y on x. Yes, because the correlation coefficient is r = 0.86, which is close to 1. 2.
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