5 3 -1 2 135 y 0 1 9 5 3 9 6 4 a) Construct a scatter plot of these data b) Given that SST estimate of Bo and Bi 60, SSzy = 56.626, y = = 3.7143, x = 4.0, calculate the least squa

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### Example Data, Scatter Plot, and Least Squares Estimation

#### Sample Data
The dataset provided consists of paired values of \( x \) and \( y \) as shown below:

\[
\begin{array}{cc}
x & y \\
\hline
5 & 3 \\
3 & 5 \\
-1 & 0 \\
2 & 1 \\
9 & 9 \\
6 & 5 \\
4 & 3 \\
\end{array}
\]

#### Task a: Construct a Scatter Plot

To visualize the relationship between \( x \) and \( y \), we can create a scatter plot where each pair \((x, y)\) is represented as a point in a two-dimensional coordinate system.

**Explanation of the Scatter Plot:** Plot each \( x \) value on the horizontal axis and the corresponding \( y \) value on the vertical axis. For example, the point corresponding to the pair \((5, 3)\) will be plotted at the coordinate (5, 3).

#### Task b: Calculate the Least Squares Estimate 

Given the following statistical measures:
- \( SS_{xx} = 60 \)
- \( SS_{xy} = 56.626 \)
- \( \bar{y} = 3.7143 \)
- \( \bar{x} = 4.0 \)

We can estimate the parameters \( \beta_0 \) and \( \beta_1 \) of the least squares regression line using the formulae:
- **Slope (\( \beta_1 \))**: \( \beta_1 = \frac{SS_{xy}}{SS_{xx}} \)
- **Intercept (\( \beta_0 \))**: \( \beta_0 = \bar{y} - \beta_1 \bar{x} \)

Plugging in the given values:
\[ \beta_1 = \frac{56.626}{60} \approx 0.9438 \]

\[ \beta_0 = 3.7143 - (0.9438 \times 4.0) \approx 3.7143 - 3.7752 \approx -0.0609 \]

Thus, the least squares estimates are:
- \( \beta_1 \approx 0.9438 \)
- \( \beta_0 \approx -0.0609 \)

These
Transcribed Image Text:### Example Data, Scatter Plot, and Least Squares Estimation #### Sample Data The dataset provided consists of paired values of \( x \) and \( y \) as shown below: \[ \begin{array}{cc} x & y \\ \hline 5 & 3 \\ 3 & 5 \\ -1 & 0 \\ 2 & 1 \\ 9 & 9 \\ 6 & 5 \\ 4 & 3 \\ \end{array} \] #### Task a: Construct a Scatter Plot To visualize the relationship between \( x \) and \( y \), we can create a scatter plot where each pair \((x, y)\) is represented as a point in a two-dimensional coordinate system. **Explanation of the Scatter Plot:** Plot each \( x \) value on the horizontal axis and the corresponding \( y \) value on the vertical axis. For example, the point corresponding to the pair \((5, 3)\) will be plotted at the coordinate (5, 3). #### Task b: Calculate the Least Squares Estimate Given the following statistical measures: - \( SS_{xx} = 60 \) - \( SS_{xy} = 56.626 \) - \( \bar{y} = 3.7143 \) - \( \bar{x} = 4.0 \) We can estimate the parameters \( \beta_0 \) and \( \beta_1 \) of the least squares regression line using the formulae: - **Slope (\( \beta_1 \))**: \( \beta_1 = \frac{SS_{xy}}{SS_{xx}} \) - **Intercept (\( \beta_0 \))**: \( \beta_0 = \bar{y} - \beta_1 \bar{x} \) Plugging in the given values: \[ \beta_1 = \frac{56.626}{60} \approx 0.9438 \] \[ \beta_0 = 3.7143 - (0.9438 \times 4.0) \approx 3.7143 - 3.7752 \approx -0.0609 \] Thus, the least squares estimates are: - \( \beta_1 \approx 0.9438 \) - \( \beta_0 \approx -0.0609 \) These
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