Math Problem Statement

The table below gives the age and bone density for five randomly selected women. Using this data, consider the equation of the regression line, yˆ=b0+b1x , for predicting a woman's bone density based on her age. Keep in mind, the correlation coefficient may or may not be statistically significant for the data given. Remember, in practice, it would not be appropriate to use the regression line to make a prediction if the correlation coefficient is not statistically significant.

Age 42 43 51 56 65 Bone Density 353 344 333 324 322 Table

Step 2 of 6 : Find the estimated y-intercept. Round your answer to three decimal places.

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Regression
Statistical Analysis
Least Squares Method
Correlation Coefficient

Formulas

yˆ = b0 + b1x
b1 = (nΣxy - ΣxΣy) / (nΣx² - (Σx)²)
b0 = (Σy - b1Σx) / n

Theorems

Least Squares Regression
Statistical Significance of Correlation

Suitable Grade Level

Grades 10-12