Find the regression equation, letting the first variable be the predictor (x) variable. Using the listed lemon/crash data, where lemon imports are in metric tons and the fatality rates are per 100,000 people, find the best predicted crash fatality rate for a year in which there are 400 metric tons of lemon imports. Is the prediction worthwhile? Lemon Imports 231 268 Crash Fatality Rate 16 15.7 354 546 D 15 499 15.4 15.4 Find the equation of the regression line. Round the constant three decimal places as needed. Round the coefficient to six decimal places as needed.)
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
![**Title: Analyzing Lemon Imports and Crash Fatality Rates**
**Introduction:**
This exercise involves finding the regression equation by considering lemon imports as the predictor variable (x variable) and crash fatality rates as the response variable (y variable). The lemon imports are given in metric tons, and the crash fatality rates are per 100,000 people.
**Data:**
- **Lemon Imports (metric tons):** 231, 268, 354, 499, 546
- **Crash Fatality Rate (per 100,000 people):** 16, 15.7, 15.4, 15.4, 15
**Objective:**
The goal is to calculate the best predicted crash fatality rate for a year with 400 metric tons of lemon imports using the regression equation. Additionally, the viability of the prediction is evaluated.
**Required Steps:**
1. **Find the equation of the regression line:**
\[\hat{y} = a + b \cdot x\]
Round the constant `a` to three decimal places and the coefficient `b` to six decimal places as needed.
2. **Graph/Diagram Explanation:**
While the image does not contain a graph, typically you would plot lemon imports on the x-axis and crash fatality rates on the y-axis to visualize the relationship. The regression line would represent the best fit line through these data points, illustrating the trend.
**Conclusion:**
After finding the regression equation, predict the crash fatality rate for 400 metric tons of lemon imports and assess the prediction's worthiness based on your analysis and potential real-world applications or limitations.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5f6319fd-3db3-4131-945e-33c3df9bac4f%2Ff9346ef8-e68f-4d13-ac17-d87dd0b45e36%2F0xytfq6_processed.jpeg&w=3840&q=75)

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