The Kentucky Derby is the most famous horse race in the worl

The Kentucky Derby is the most famous horse race in the world, held annually on the first Saturday in May at Churchill Downs race track in Louisville, Kentucky. This race has been called \"The Most Exciting Two Minutes in Sports\" because that\'s about how long it takes for a horse to run its -mile track. Consider the winning time (in seconds) for every year since 1896.

a. For predicting winning time from year, the least squares line has intercept coefficient seconds and slope coefficient seconds per year. Use this information to report the equation of the least squares line, using good statistical notation. Use \"year\" for t

Solution

Let year = t.

The least square line is given by Y = a +bt

Where a is the intercept

b is the slope of the least squares line