Linear Regression and Correlation. X y 3 -13.78 4 -14.64 5 -7.9 6 -10.76 7 -19.82 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= Compute the P-value (Use HÃ: 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 Yes, significant correlation No

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Linear Regression and Correlation.
X
y
3
-13.78
4
-14.64
5
-7.9
6
-10.76
7
-19.82
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=
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?
Yes, significant correlation
No
Transcribed Image Text:Linear Regression and Correlation. X y 3 -13.78 4 -14.64 5 -7.9 6 -10.76 7 -19.82 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= 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? Yes, significant correlation No
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