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18. A random sample of 4 professional athletes produced the following data where x is the number of endorsements the player has and y is
18. A random sample of 4 professional athletes produced the following data where x is the number of endorsements the player has and y is the amount of money made (in millions of dollars).
x | 0 | 1 | 2 | 5 |
y | 1 | 2 | 4 | 8 |
(a) Find an equation of the least squares regression line. Show all work; writing the correct equation, without supporting work, will receive no credit.
(b) Based on the equation from part (a), what is the predicted value of y if x = 3? Show all work and justify your answer.
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