Math Problem Statement

Based on the data shown below, calculate the regression line (show each value to two decimal places)

2

13.65

3

13.68

4

11.11

5

12.34

6

9.27

7

8

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x: 2,3,4,5,6,7

y: 13.65,13.68,11.11,12.34,9.27,8

 y=  x + 

Solution

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Math Problem Analysis

Mathematical Concepts

Linear Regression
Statistics

Formulas

Slope formula: m = (nΣxy - ΣxΣy) / (nΣx^2 - (Σx)^2)
Y-intercept formula: b = (Σy - mΣx) / n
Linear regression equation: y = mx + b

Theorems

Least Squares Method

Suitable Grade Level

Grades 10-12