You are given the following information about y and x. Dependent Variable y Independent Variable x 5 1 4 2 3 3 2 6 1 8 Refer to Exhibit 3. The point estimate of y when x = 10 is a. -0.18 b. -12.4 c. -8.7 d. 4.32
Answer: a) -0.18
Explanation:
The regression equation is:
y= 5.12 -0.53x
The point estimate of y when x = 10 is:
y= 5.12 -0.53(10) = -0.18
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