Math Problem Statement

Find the slope of the linear regression line for the given data below. Round your answer to two decimal places.

Solution

To find the slope (mm) of the linear regression line for the given data, we’ll use the formula for the slope of the least-squares regression line:

m=n(xy)(x)(y)n(x2)(x)2m = \frac{n(\sum xy) - (\sum x)(\sum y)}{n(\sum x^2) - (\sum x)^2}

where:

  • nn is the number of data points,
  • xy\sum xy is the sum of the product of each xx and yy value,
  • x\sum x is the sum of all xx-values,
  • y\sum y is the sum of all yy-values,
  • x2\sum x^2 is the sum of each xx-value squared.

The given data points are: (x,y)=(2,21),(3,15),(4,10),(5,11),(6,15),(7,14)(x, y) = (2, 21), (3, 15), (4, 10), (5, 11), (6, 15), (7, 14)

Let's calculate the necessary sums:

  1. Sum of xx values (x\sum x): 2+3+4+5+6+72 + 3 + 4 + 5 + 6 + 7
  2. Sum of yy values (y\sum y): 21+15+10+11+15+1421 + 15 + 10 + 11 + 15 + 14
  3. Sum of xyx \cdot y values (xy\sum xy): Calculating each product 221,315,410,2 \cdot 21, 3 \cdot 15, 4 \cdot 10, \ldots
  4. Sum of x2x^2 values (x2\sum x^2): Squaring each xx value.

Let me compute this.The slope of the linear regression line for the given data is approximately 0.97-0.97.

Would you like a detailed breakdown of each step involved in this calculation, or do you have any other questions?

Here are some related questions you might explore:

  1. How is the y-intercept calculated for this linear regression line?
  2. What does the negative slope indicate about the relationship between xx and yy in this data?
  3. How would the slope change if we added a new data point?
  4. How can we use this line to make predictions for other xx-values?
  5. What is the formula for calculating the correlation coefficient?

Tip: The slope tells us the rate of change of yy with respect to xx; a negative slope indicates an inverse relationship.

Ask a new question for Free

By Image

Drop file here or Click Here to upload

Math Problem Analysis

Mathematical Concepts

Linear Regression
Statistics
Algebra

Formulas

Slope of Linear Regression Line: m = [n(Σxy) - (Σx)(Σy)] / [n(Σx^2) - (Σx)^2]

Theorems

-

Suitable Grade Level

Grades 10-12