A sample of 8 households was asked about their monthly income (x) and the number of hours they spend connected to the internet each month (y). The data yield the following statistics: Ex x=324 Σy=393 [(x - x)² = 1720.875 (y - y)² = 1150 (x-x)(y- y) = 1090.5 I I What is the y-intercept of the regression line of hours on income? A) 64.23 B) 36.43 C) 46.23 D) 23.46

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A sample of 8 households was asked about their monthly income (x) and the number of hours they
spend connected to the internet each month (y). The data yield the following statistics:
Ex
x=324 Σy=393 [(x - x)² = 1720.875 】(y - y)² = 1150
(x-x)(y- y) = 1090.5
1
What is the y-intercept of the regression line of hours on income?
A) 64.23
B) 36.43
C) 46.23
D) 23.46
Transcribed Image Text:A sample of 8 households was asked about their monthly income (x) and the number of hours they spend connected to the internet each month (y). The data yield the following statistics: Ex x=324 Σy=393 [(x - x)² = 1720.875 】(y - y)² = 1150 (x-x)(y- y) = 1090.5 1 What is the y-intercept of the regression line of hours on income? A) 64.23 B) 36.43 C) 46.23 D) 23.46
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