Question

Find the equation of the regression ting y = 16699³ + (1 - 0.09317. Round the y. Gheccaef to thines decinum places as needed. Round bhe deoe to fear decumat plachs as needhd) (Round 5 on one decinit

Answer 1

The equation of the best-fit line is ŷ = -173.51 + 4.83x. To find the equation of the regression line, calculate the slope (m) and y-intercept (b) using the given formulas.

Step-by-step explanation:

The equation of the best-fit line is ŷ = -173.51 + 4.83x. To find the equation of the regression line, we need to calculate the slope (m) and y-intercept (b). The slope can be approximated as 0.09, and the y-intercept can be found using the formula b = (sum of median y values) - (slope * sum of median x values). By substituting the values given (sum of median x values = 1264, sum of median y values = 219.5), we can calculate b to be approximately 35.25.