Linear Regression and Correlation. X y 1 5.28 2 8.46 3 4.34 4| 9.72 5 8.2 Compute the equation of the linear regression line in the form y = mx + b, where m is the slope and bis the intercept. Use at least 3 decimal places. (Round if necessary)

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Linear Regression and Correlation.
y
1
5.28
2
8.46
4.34
4
9.72
8.2
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 =
x +
Compute the correlation coeficient for this data set. Use at least 3 decimal places.
(Round if necessary)
r=
Use at least 3 decimal places. (Round if necessary)
P-value =
At the alpha = 0.01 significance level, is the correlation significant?
No
Yes, significant correlation
Transcribed Image Text:Linear Regression and Correlation. y 1 5.28 2 8.46 4.34 4 9.72 8.2 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 = x + Compute the correlation coeficient for this data set. Use at least 3 decimal places. (Round if necessary) r= Use at least 3 decimal places. (Round if necessary) P-value = At the alpha = 0.01 significance level, is the correlation significant? No Yes, significant correlation
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