2) Four pairs of data yield an r=.912 and a regression equation of y-4x + 5. Also the average y-value is 11.45. What is the best predicted value for y ifx-3.7?

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.