Math Problem Statement

Question 2 Check 0/5 ptsRetries 3 x 1 2 3 4 5 6 y 703 826 1094 1338 1602 2189

Use linear regression to find the equation for the linear function that best fits this data. Round to two decimal places.

y

Solution

To find the linear function that best fits the given data points using linear regression, we need to determine the slope mm and the y-intercept bb in the equation:

y=mx+by = mx + b

The data points given are:

x=[1,2,3,4,5,6]x = [1, 2, 3, 4, 5, 6] y=[703,826,1094,1338,1602,2189]y = [703, 826, 1094, 1338, 1602, 2189]

We can use the formulas for slope mm and intercept bb:

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

Where:

  • nn is the number of data points (in this case, 6),
  • x\sum x is the sum of all xx values,
  • y\sum y is the sum of all yy values,
  • xy\sum xy is the sum of the product of corresponding xx and yy values,
  • x2\sum x^2 is the sum of the squares of the xx values.

Let's calculate these values and determine the equation of the best-fit line. I'll work through the computations next.The equation for the linear function that best fits the given data is:

y=285.77x+291.80y = 285.77x + 291.80

Let me know if you'd like a more detailed explanation, or if you have any further questions!

Here are 5 related questions you might consider:

  1. How is the slope of a line interpreted in a linear regression context?
  2. What role does the y-intercept play in the linear regression equation?
  3. Can you calculate the predicted yy values for x=7x = 7 using the equation?
  4. How would the equation change if there were an outlier in the data set?
  5. How is the goodness-of-fit of this linear regression model typically measured?

Tip: In linear regression, the slope indicates how much yy changes for each unit increase in xx.

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Math Problem Analysis

Mathematical Concepts

Linear Regression
Algebra
Data Analysis

Formulas

y = mx + b
m = (n(∑xy) - (∑x)(∑y)) / (n(∑x²) - (∑x)²)
b = (∑y - m(∑x)) / n

Theorems

Least Squares Method

Suitable Grade Level

Grades 9-12