Math Problem Statement
Solution
To find the regression line equation for the given data, we'll use the least-squares method to determine the slope () and the y-intercept () of the line in the form:
Here is the data provided:
- values: 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15
- values: 27.1, 27.9, 30.1, 34.6, 35.8, 40, 43.6, 46.7, 49.7, 49.1, 53.8, 56.5, 59, 60.7
I'll compute the slope () and intercept () using the formulas:
Let me calculate these values.The regression line equation for the given data is:
This means the slope of the line is , and the y-intercept is .
Would you like a detailed explanation of how these values were derived or have any further questions?
Here are five related questions that might expand your understanding:
- What does the slope of the regression line represent in this context?
- How can we interpret the y-intercept of this regression line?
- What is the coefficient of determination (R-squared) for this regression line?
- How do outliers affect the regression line calculation?
- What are some limitations of using linear regression for predictions?
Tip: The closer the slope and intercept are to real-world values, the more accurate your prediction is likely to be!
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Math Problem Analysis
Mathematical Concepts
Linear Regression
Slope-Intercept Form
Statistics
Formulas
Slope (m) = [n Σ(xy) - Σx Σy] / [n Σ(x^2) - (Σx)^2]
Intercept (b) = [Σy - m Σx] / n
Theorems
Least Squares Method
Suitable Grade Level
Grades 10-12