Linear Regression and Correlation. X y 1 1.56 2.92 3 1.38 4 -6.66 5 3.3 6 -4.04 Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and b is the intercept. Use at least 3 decimal places. (Round if necessary) y = Compute the correlation coeficient for this data set. Use at least 3 decimal places. (Round if necessary) r= Compute the P-value (Use HA: slope 0 for the alternative hypothesis.) Use at least 3 decimal places. (Round if necessary) P-value= At the alpha=0.01 significance level, is the correlation significant? O No OYes, significant correlation 2 сл

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Linear Regression and Correlation.
X y
1
1.56
2
2.92
3
1.38
4
-6.66
5
3.3
6
-4.04
Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and b is the
intercept.
Use at least 3 decimal places. (Round if necessary)
y =
Compute the correlation coeficient for this data set. Use at least 3 decimal places. (Round if necessary)
r=
Compute the P-value (Use HA: slope 0 for the alternative hypothesis.)
Use at least 3 decimal places. (Round if necessary)
P-value=
At the alpha= 0.01 significance level, is the correlation significant?
O No
OYes, significant correlation
Submit Question
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Transcribed Image Text:Linear Regression and Correlation. X y 1 1.56 2 2.92 3 1.38 4 -6.66 5 3.3 6 -4.04 Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and b is the intercept. Use at least 3 decimal places. (Round if necessary) y = Compute the correlation coeficient for this data set. Use at least 3 decimal places. (Round if necessary) r= Compute the P-value (Use HA: slope 0 for the alternative hypothesis.) Use at least 3 decimal places. (Round if necessary) P-value= At the alpha= 0.01 significance level, is the correlation significant? O No OYes, significant correlation Submit Question @ 2 W #3 E $ S4 4 R % 5 T 6 Y & 7 U * 00 8 4+1 ( 9
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