In a study of reaction times, the time to respond to a visual stimulus x and the time to respond to an auditory stimulus y were recorded for each of 8 subjects. Times were measured in thousandths of a second. The results are presented in the following table. The results are presented in the following table. Visual Auditory 203 206 235 241 176 163 201 197 228 209 211 189 191 169 178 201 Compute the least-squares regression line for predicting the time to respond to an auditory (y) from the time to respond to a visual stimulus (x). Round the slope and y-intercept values to at least four decimal places.

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.