Question
Given the data as shown in the table below X Y 54 0.84 42 0.91 66 0.83 74 0.85 92 0.71 a) Assuming the
Given the data as shown in the table below X Y 54 0.84 42 0.91 66 0.83 74 0.85 92 0.71 a) Assuming the correlation coefficient of X and Y is found to be -0.897995, calculate the slope, m, and y- intercept, b, of the "Best-Fit" line -mx+b. Use 4 decimal places for each of 2, 9, 8,, and a obtained from your calculator. Round your answer to 4 decimal places. m-> y values b) Using the equation of the "Best-Fit" line to predict the value of Y when X-60. Enter your answer in 4 decimal places. c) Using the equation of the "Best-Fit" line to predict the value of X when Y-0.89. Enter your answer in 4 decimal places.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get StartedRecommended Textbook for
Probability And Statistical Inference
Authors: Robert V. Hogg, Elliot Tanis, Dale Zimmerman
9th Edition
321923278, 978-0321923271
Students also viewed these Mathematics questions
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
Question
Answered: 1 week ago
View Answer in SolutionInn App