Question

The following information is obtained from a sample data set.

n=12, ​∑​x=66, ​∑​y=588 , ​∑​xy=2094, ​∑​x2=401

Find the estimated regression line.

y^= Enter you answer to the field 1 in accordance to the question statement +( Enter you answer to the field 2 in accordance to the question statement )x

Answer 1

The estimated regression line is given by:

where a is the intercept parameter and b is the slope parameter. The value of b and a is given by:

Thus, the estimated regression line is given by:

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