Question

Find the slope of the equation of the least-squares regression line for the following data set....

Find the slope of the equation of the least-squares regression line for the following data set.

x y
59 -119
24 -35
50 -107
47 -73
41 -78
72 -117
40 -55

Round your answer to two decimal places.

Homework Answers

Answer #1

Solution:

X Y XY X^2 Y^2
59 -119 -7021 3481 14161
24 -35 -840 576 1225
50 -107 -5350 2500 11449
47 -73 -3431 2209 5329
41 -78 -3198 1681 6084
72 -117 -8424 5184 13689
40 -55 -2200 1600 3025

n 7
sum(XY) -30464.00
sum(X) 333.00
sum(Y) -584.00
sum(X^2) 17231.00
sum(Y^2) 54962.00
Numerator -18776.00
Denominator 20613.09
r -0.9109
r square 0.8297
Xbar(mean) 47.5714
Ybar(mean) -83.4286
SD(X) 14.8483
SD(Y) 29.7120
b -1.9301
a 8.3890

Slop of regression line is,

b = -1.93

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