The table gives 6 paired observations of x = car age in years and y = price 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 5 paired observations of x = car age in years and y = price in k€. Use the least-squares line ŷ = a + b·x. For which value x does the line predict ŷ = 27?
Answer key
- 1. a = 25.13
- 2. a = 0.8
- 3. r² = 0.5983
- 4. r = −0.9811
- 5. ŷ = 43.3
- 6. x = 1.222
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