Compute the least squares regression line

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter2: Matrices
Section2.CR: Review Exercises
Problem 90CR
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Advertising share x and market share y fir a particular brand of cigarettes were sampled at ten randomly selected year. Summary information is:

n = 10, Ex = .688, Ex2 = .050072, Ey =.835, Ey2 = 0.079491, Exy = .060861

a) Compute the least squares regression line

b) Find the coefficient of determination r2 and explain what it means in the context of this problem.

c) Compute a 90% prediction interval for market share when advertising share is .07(7%)

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