You need to determine the slope of the regression line for a data set. The sums of the variables are given below. n = 14 Ex = 146.5 Ey = 993 Exy = 10,427 Ex? = 1552 Ey? = 70,510.5 Eind the slone only Pound the answor to the thousandths place
Correlation
Correlation defines a relationship between two independent variables. It tells the degree to which variables move in relation to each other. When two sets of data are related to each other, there is a correlation between them.
Linear Correlation
A correlation is used to determine the relationships between numerical and categorical variables. In other words, it is an indicator of how things are connected to one another. The correlation analysis is the study of how variables are related.
Regression Analysis
Regression analysis is a statistical method in which it estimates the relationship between a dependent variable and one or more independent variable. In simple terms dependent variable is called as outcome variable and independent variable is called as predictors. Regression analysis is one of the methods to find the trends in data. The independent variable used in Regression analysis is named Predictor variable. It offers data of an associated dependent variable regarding a particular outcome.
![You need to determine the slope of the regression line for a data set. The sums of the variables are given below.
n = 14
Ex = 146.5
Ey = 993
Exy = 10,427
Ex2 = 1552
Ey? :
= 70,510.5
Find the slope, only. Round the answer to the thousandths place.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F55631a66-f6f6-4003-831a-129436d6a24a%2F78883bd6-0e9f-4240-97a9-850bc4e7d73f%2Fu6jdci_processed.png&w=3840&q=75)
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