Consider the bivariate data set with n = 7 observations X 1 7 -5 2 7 5 4 Y 35 77 13 22 69 69 59 where a linear relationship between X and Y is investigated. The equation relating Y to X is formulated by Y = Bo + B1 X+€ and is called the simple linear regression equation. Use your calculator to answer the following questions.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 23PFA
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Consider the bivariate data set with n = 7 observations
X
1
7 -5
2
7
5
4
Y 35 77 13 22 69 69 59
where a linear relationship between X and Y is investigated. The equation relating Y to X is formulated by
Y = Bo + B1X + €
and is called the simple linear regression equation. Use your calculator to answer the following questions.
Transcribed Image Text:Consider the bivariate data set with n = 7 observations X 1 7 -5 2 7 5 4 Y 35 77 13 22 69 69 59 where a linear relationship between X and Y is investigated. The equation relating Y to X is formulated by Y = Bo + B1X + € and is called the simple linear regression equation. Use your calculator to answer the following questions.
Give the values of the least squares estimates
Round your answer to the nearest integer.
Round your answer to 3 decimal places.
%3D
Transcribed Image Text:Give the values of the least squares estimates Round your answer to the nearest integer. Round your answer to 3 decimal places. %3D
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