Consider the bivariate data set with n 7 observations %3! X 2 -7 -4 -9 3. -3 4 Y 59 106 67 119 11 73 72 where a linear relationship between X and Y is investigated. The equation relating Y to X js formulated by Y = Bo + B X +e and is called the simple linear regression equation. Use your calculator to answer the following questions. a) Give the values of the least squares estimates Bo Round your anser to the nearest integer. Round your answer to 3 decimal places

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Consider the bivariate data set with n = 7 observations
%3D
X -2
-7 -4
Y 59 106 67 119 11 73 72
-9
3
-3 -4
where a linear relationship between X and Y is investigated. The equation relating Y to X js formulated by
Y = Bo + B1 X +e
and is called the simple linear regression equation. Use your calculator to answer the following questions.
a)
Give the values of the least squares estimates
Bo
Round your ansker to the nearest integer.
Round your answer to 3 decimal places
Transcribed Image Text:Consider the bivariate data set with n = 7 observations %3D X -2 -7 -4 Y 59 106 67 119 11 73 72 -9 3 -3 -4 where a linear relationship between X and Y is investigated. The equation relating Y to X js formulated by Y = Bo + B1 X +e and is called the simple linear regression equation. Use your calculator to answer the following questions. a) Give the values of the least squares estimates Bo Round your ansker to the nearest integer. Round your answer to 3 decimal places
b)
Give the value of the correlation coefficient, r.
Round your answer to 4 decimal places.
c)
The linear relationship between X and Y is
and
Transcribed Image Text:b) Give the value of the correlation coefficient, r. Round your answer to 4 decimal places. c) The linear relationship between X and Y is and
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