Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

find the slope of the least squares regression line and the value of the y intercept B8] www-awa.aleks.com Module 5 Homework 4.2 - Least Squares

find the slope of the least squares regression line and the value of the y intercept

image text in transcribed
B8] www-awa.aleks.com Module 5 Homework 4.2 - Least Squares Regression Line Question 4 of 5 (1 point) | Question Attempt: 1 of Unlimited Campaign cost, x Increase in sales, y (in millions of dollars) (percent) Iy w x L) x w X 4 1.96 6.79 S oe o Wi X g L i b ot x SLo6 6.87 g X 2.46 Campaign cost 3.00 .94 (in millions of dollars) Figure 1 s | 2:93 6.51 Send data to calculator W The value of the sample correlation coefficient r for these data is approximately 0.635. Answer the following. Carry your intermediate computations to at least four decimal places, and round your answers as specified below. (If list of formulas.) BT

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

EnVision Algebra 1

Authors: Al Cuoco, Christine D. Thomas, Danielle Kennedy, Eric Milou, Rose Mary Zbiek

Student Edition

ISBN: 0328931578, 978-0328931576

More Books

Students also viewed these Mathematics questions