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
(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.) F

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