Respuesta :
Answer:
[tex]\hat{y}=309,552.15 + 1.31x[/tex]
Step-by-step explanation:
The equation for the least-squares regression is,
[tex]\hat{y}=a+bx[/tex]
where b is the slope and a is the intercept.
They can be found out by,
[tex]b=r\cdot \dfrac{SD_y}{SD_x},\\\\a=\overline{y}-b\overline{x}[/tex]
where,
r = correlation coefficient = 0.84
[tex]SD_y[/tex] = standard deviation of y = 44,910
[tex]SD_x[/tex] = standard deviation of x = 28,803
[tex]\overline{y}[/tex] = mean of y = 774,140
[tex]\overline{x}[/tex] = mean of x = 354,718
Putting the values,
[tex]b=0.84\cdot \dfrac{44910}{28803}=1.309\approx 1.31[/tex]
[tex]a=774140-(1.31\times 354718)\approx 309,552.15[/tex]
Therefore the equation is,
[tex]\hat{y}=309,552.15 + 1.31x[/tex]
Answer:
ŷ = 309,459.42 + 1.31x
Step-by-step explanation:
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