Final answer:
The linear regression equation that represents this set of data is y = 4.83x - 173.51. For a student with a test grade of 50, the estimated homework grade is approximately 28.
Step-by-step explanation:
To write the linear regression equation, we use the equation y = mx + b, where m is the slope and b is the y-intercept. From the given equation ŷ - 173.51 + 4.83x, we can see that the slope is 4.83 and the y-intercept is -173.51. Therefore, the linear regression equation is y = 4.83x - 173.51.
To estimate the homework grade for a student with a test grade of 50, we substitute the test grade into the equation. y = 4.83(50) - 173.51 gives us a homework grade of approximately 28.