(a) Use least-squares regression to fit a linear polynomial to the data given in the table below: 2 4 6. 8 10 411.41 412.54 413.29 414.25 414.17 415.39 415.71 416.80 416.68 12 14 16 18 Calculate the standard deviation for the regression line. Then, use the fitted linear formula to estimate the y-value at x-14.6. Round all your computations to 6 decimal points. (b) Repeat part (a) but with using the general least-squares estimation approach (i.e., the one implementing the matrix-vector fornm). Comment on the vector of residuals. Hint: You do not need to develop a program for this problem. Solve it manually and submit,

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(a) Use least-squares regression to fit a linear polynomial to the data given in the table below:
2
4
6
10
12
14
16
18
411.41 412.54 413.29 414.25 414.17 415.39 415.71 416.80 416.68
Calculate the standard deviation for the regression line. Then, use the fitted linear formula to
estimate the y-value at x 14.6. Round all your computations to 6 decimal points.
(b) Repeat part (a) but with using the general least-squares estimation approach (i.e., the one
implementing the matrix-vector form). Comment on the vector of residuals.
Hint: You do not need to develop a program for this problem. Solve it manually and submit.
Transcribed Image Text:(a) Use least-squares regression to fit a linear polynomial to the data given in the table below: 2 4 6 10 12 14 16 18 411.41 412.54 413.29 414.25 414.17 415.39 415.71 416.80 416.68 Calculate the standard deviation for the regression line. Then, use the fitted linear formula to estimate the y-value at x 14.6. Round all your computations to 6 decimal points. (b) Repeat part (a) but with using the general least-squares estimation approach (i.e., the one implementing the matrix-vector form). Comment on the vector of residuals. Hint: You do not need to develop a program for this problem. Solve it manually and submit.
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