The table gives 6 paired observations of x = advertising spend in k€ and y = sales in k€. Use the least-squares line ŷ = a + b·x. Find the intercept a.
Linear regression & correlation worksheet with answers
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The table gives 6 paired observations of x = advertising spend in k€ and y = sales in k€. Use the least-squares line ŷ = a + b·x. Predict ŷ for x = 2.
Answer key
- 1. a = 32.18
- 2. b = 6.257
- 3. r = 0.9257
- 4. r = 0.9901
- 5. x = 8.205
- 6. ŷ = 35.46
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