The value of the sample correlation coefficient r for these data is approximately 0.728. Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a list of formulas.) (a) What is the value of the slope of the least-squares regression line for these data? Round your answer to at least two decimal places. (b) What is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least two decimal places.

PREALGEBRA
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Chapter5: Decimals
Section5.5: Averages And Probability
Problem 400E: The cash register receipts each day last week at a coffee shop were $1,845. $1,520. $1,438, $1,682,...
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Question
Player payroll, x
(in $1,000,000s)
Mean
attendance, y
(in thousands)
Anaheim
62.8
28.52
45
Baltimore
56.5
33.09
40
Boston
110.2
32.72
35
Chicago White
Sox
54.5
20.74
30
Cleveland
74.9
32.35
25
Detroit
54.4
18.52
20
Kansas City
49.4
16.30
15+
Minnesota
41.3
23.70
10 +
New York Yankees
133.4
42.84
Oakland
41.9
26.79
Seattle
86.1
43.70
0.
20
40
60
80
100
120
140
Tampa Bay
|Теxas
34.7
13.21
106.9
29.01
Player payroll (in $1,000,000s)
Toronto
66.8
20.25
Figure 1
Send data to calculator
Send data to Excel
The value of the sample correlation coefficient r for these data is annroYimat
Mean attenda
(in thousands)
Transcribed Image Text:Player payroll, x (in $1,000,000s) Mean attendance, y (in thousands) Anaheim 62.8 28.52 45 Baltimore 56.5 33.09 40 Boston 110.2 32.72 35 Chicago White Sox 54.5 20.74 30 Cleveland 74.9 32.35 25 Detroit 54.4 18.52 20 Kansas City 49.4 16.30 15+ Minnesota 41.3 23.70 10 + New York Yankees 133.4 42.84 Oakland 41.9 26.79 Seattle 86.1 43.70 0. 20 40 60 80 100 120 140 Tampa Bay |Теxas 34.7 13.21 106.9 29.01 Player payroll (in $1,000,000s) Toronto 66.8 20.25 Figure 1 Send data to calculator Send data to Excel The value of the sample correlation coefficient r for these data is annroYimat Mean attenda (in thousands)
The value of the sample correlation coefficient r for these data is approximately 0.728.
Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below.
(If necessary, consult a list of formulas.)
(a) What is the value of the slope of the least-squares regression line for these data?
Round your answer to at least two decimal places.
(b) What is the value of the y-intercept of the least-squares regression line for these data?
Round your answer to at least two decimal places.
Transcribed Image Text:The value of the sample correlation coefficient r for these data is approximately 0.728. Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If necessary, consult a list of formulas.) (a) What is the value of the slope of the least-squares regression line for these data? Round your answer to at least two decimal places. (b) What is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least two decimal places.
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