The following data were collected during a study of consumer buying patterns: Observation 1 12 y 77 2 30 75 3 40 83 4 30 76 5 56 100 6 47 99 7 26 87 8 20 74 9 13 74 10 10 73 11 17 80 12 29 83 13 32 86 Click here for the Excel Data File b. Obtain a linear regression line for the data. Note: Round your intermediate calculations and final answers to 3 decimal places. y= X c. What percentage of the variation is explained by the rearession line? D

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4GP
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The following data were collected during a study of consumer buying patterns:
Observation
1
12
y
77
2
30
75
3
40
83
4
30
76
5
56
100
6
47
99
7
26
87
8
20
74
9
13
74
10
10
73
11
17
80
12
29
83
13
32
86
Click here for the Excel Data File
b. Obtain a linear regression line for the data.
Note: Round your intermediate calculations and final answers to 3 decimal places.
y=
X
c. What percentage of the variation is explained by the rearession line?
D
Transcribed Image Text:The following data were collected during a study of consumer buying patterns: Observation 1 12 y 77 2 30 75 3 40 83 4 30 76 5 56 100 6 47 99 7 26 87 8 20 74 9 13 74 10 10 73 11 17 80 12 29 83 13 32 86 Click here for the Excel Data File b. Obtain a linear regression line for the data. Note: Round your intermediate calculations and final answers to 3 decimal places. y= X c. What percentage of the variation is explained by the rearession line? D
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