Find the slope of the regression line for the following

vadulgattp

vadulgattp

Answered question

2021-11-26

Find the slope of the regression line for the following data.
xy113231
We have written the regression line in the form y=b0+b1x. So in this problem you only need to find the value of b1.

Answer & Explanation

Michele Tipton

Michele Tipton

Beginner2021-11-27Added 11 answers

Step 1
From given data,
XYXYXX111132693139
X=7,Y=4,XY=10,X2=19
Step 2
Regression equation is Y=a+bx where
a=YX2XXYnX2(X)2=419710319720.75
b=nXYXYnX2(X)2=31074319(7)20.25
Substitute a and b in regression equation formula
y=a+bx
y=0.75+0.25x
Therefore slope is b1=0.25

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