You are the foreman of the Bar-S cattle ranch in Colorado. A neighboring ranch has calves for sale, and you are going to buy some calves to add to the Bar-S herd. How much should a healthy calf weigh? Let x be the age of the calf (in weeks), and let y be the weight of the calf (in kilograms).
x | 1 | 5 | 11 | 16 | 26 | 36 |
---|---|---|---|---|---|---|
y | 39 | 47 | 73 | 100 | 150 | 200 |
(f) The calves you want to buy are 14 weeks old. What does the least-squares line predict for a healthy weight (in kg)? (Enter a number. Round your answer to two decimal places.)
kg
slope= β̂1 = | r*Sy/Sx= | 4.748 | ||
intercept= β̂0 = | (Σy-β1Σx)/n= | 26.327 |
f)
predicted value =26.327+4.748*14= | 92.80 kg |
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