Q#5.(a) Given the following the values of the variables: Income (X) (000) 10 20 30 40 50 60 Expenditure(Y)(000) 7 21 23 34 6. 53 Estimate the equation of least squares regression line and discuss your results. Estimate expenditure when Income is 70 and 80. Also find the correlation between two variables and discuss your results.
Q#5.(a) Given the following the values of the variables: Income (X) (000) 10 20 30 40 50 60 Expenditure(Y)(000) 7 21 23 34 6. 53 Estimate the equation of least squares regression line and discuss your results. Estimate expenditure when Income is 70 and 80. Also find the correlation between two variables and discuss your results.
Trigonometry (MindTap Course List)
8th Edition
ISBN:9781305652224
Author:Charles P. McKeague, Mark D. Turner
Publisher:Charles P. McKeague, Mark D. Turner
Chapter4: Graphing And Inverse Functions
Section: Chapter Questions
Problem 6GP: If your graphing calculator is capable of computing a least-squares sinusoidal regression model, use...
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