Math Problem Statement

Given that x= 3.5000, sx= 2.2583, y= 4.25000, sy=1.8360, and r= -0.9430, determine the least-squares regression line

Solution

To determine the least-squares regression line, we need to find the line that best fits the given data points by minimizing the sum of the squared differences between the observed values and the values predicted by the line.

Given:

  • xˉ=3.5000\bar{x} = 3.5000 (mean of xx)
  • sx=2.2583s_x = 2.2583 (standard deviation of xx)
  • yˉ=4.2500\bar{y} = 4.2500 (mean of yy)
  • sy=1.8360s_y = 1.8360 (standard deviation of yy)
  • r=0.9430r = -0.9430 (correlation coefficient)

Formula for the Least-Squares Regression Line

The equation of the least-squares regression line y=a+bxy = a + bx can be determined using the following formulas:

  1. Slope (b):

b=rsysxb = r \cdot \frac{s_y}{s_x}

  1. Y-intercept (a):

a=yˉbxˉa = \bar{y} - b \cdot \bar{x}

Step-by-Step Calculation

Step 1: Calculate the slope bb

Substitute the given values into the formula for the slope:

b=rsysxb = r \cdot \frac{s_y}{s_x}

b=0.94301.83602.2583b = -0.9430 \cdot \frac{1.8360}{2.2583}

Let's compute this:

b=0.94300.8128=0.7661b = -0.9430 \cdot 0.8128 = -0.7661

Step 2: Calculate the y-intercept aa

Substitute the values into the formula for the y-intercept:

a=yˉbxˉa = \bar{y} - b \cdot \bar{x}

a=4.2500(0.7661)3.5000a = 4.2500 - (-0.7661) \cdot 3.5000

Let's compute this:

a=4.2500+2.68135=6.93135a = 4.2500 + 2.68135 = 6.93135

Step 3: Write the least-squares regression line equation

Now, using the calculated slope and intercept, we can write the equation of the regression line:

y=6.931350.7661xy = 6.93135 - 0.7661x

Conclusion

The least-squares regression line is:

y=6.931350.7661xy = 6.93135 - 0.7661x

Would you like further details or have any questions?

Related Questions

  1. How does the sign of the correlation coefficient affect the slope of the regression line?
  2. What does the slope of the regression line represent in this context?
  3. How would you interpret the y-intercept in a real-world scenario?
  4. How can we assess the accuracy of the regression model?
  5. How does outlier data affect the regression line?

Tip

When interpreting the slope of the regression line, remember that it represents the change in the dependent variable yy for a one-unit change in the independent variable xx.

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Math Problem Analysis

Mathematical Concepts

Statistics
Regression Analysis

Formulas

Least-squares regression line equation

Theorems

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Suitable Grade Level

Advanced High School