The equation of the regression line is y = 0.2x + 37.5
Finding the equation of the regression line
From the question, we have the following parameters that can be used in our computation:
Best Actress 27 32 30 60 32 34 47
Best Actor 41 35 37 43 53 49 57
Using a graphing tool, we have the following summary
- Sum of X = 262
- Sum of Y = 315
- Mean X = 37.4286
- Mean Y = 45
- Sum of squares (SSX) = 835.7143
- Sum of products (SP) = 168
The regression equation is represented as
y = bx + a
Where
b = SP/SSX = 168/835.71 = 0.20103
a = MY - bMX = 45 - (0.2*37.43) = 37.4759
So, we have
y = 0.2x + 37.5
Hence, the equation is y = 0.2x + 37.5