Question

The following data were collected. x: 0,1,6,3,5 y: 6,5,2,4,3 Plot the data by hand. Calculate the...

The following data were collected.

x: 0,1,6,3,5

y: 6,5,2,4,3

  1. Plot the data by hand.

  2. Calculate the least squares estimates forβˆ0 and βˆ1 .

3. Then determine the estimated regression line and insert this line of best fit into your plot from part A.

Homework Answers

Answer #1
X Y X * Y
0 6 0 0
1 5 5 1
6 2 12 36
3 4 12 9
5 3 15 25
Total 15 20 44 71

Equation of regression line is


= -0.6154


  =( 20 - ( -0.6154 * 15 ) ) / 5
= 5.8462


Equation of regression line becomes


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