45 Calculate b1 and b0 What is the sample regression equatio
(45)
Calculate b1 and b0. What is the sample regression equation? (Round intermediate calculations to 4 decimal places and final answers to 2 decimal places.)
Find the predicted value for y if x equals 22, 27, and 32. (Round intermediate coefficient values and final answers to 2 decimal places.)
| Consider the following sample data: | 
Solution
Explanation
We will find an equation of the regression line in 4 steps.
Step 1: Find X?Y and X2 as it was done in the table below.
Step 2: Find the sum of every column:
?X=185 , ?Y=308 , ?X?Y=7176 , ?X2=4521
Step 3: Use the following equations to find a and b:
a= 33.406
b =0.22
The equation of the regression line is:
y = 33.406 + 0.22?x
------------------------------------------------
| X | Y | X?Y | X?X | 
| 24 | 42 | 1008 | 576 | 
| 34 | 40 | 1360 | 1156 | 
| 21 | 32 | 672 | 441 | 
| 24 | 42 | 1008 | 576 | 
| 15 | 37 | 555 | 225 | 
| 27 | 39 | 1053 | 729 | 
| 17 | 38 | 646 | 289 | 
| 23 | 38 | 874 | 529 | 

