The linear regression equation is y = 0.50x - 0.36
The proper format of the table of values is:
Number of tv commercials, x: 13 6 12 14 17
Car sales, y (in hundreds): 3 2 8 9 7
Next, we determine the linear regression equation using a graphing calculator.
From the graphing calculator, we have the following summary:
The regression equation is the calculated as:
y = bx + a
Where
b = SP/SSX = 32.4/65.2 = 0.49693
a = MY - bMX = 5.8 - (0.5*12.4) = -0.36196
Substitute these values in y = bx + a
y = 0.49693x - 0.36196
Approximate
y = 0.50x - 0.36
Hence, the linear regression equation is y = 0.50x - 0.36
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