The table gives 5 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. For which value x does the line predict ŷ = 51?
The table gives 5 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 = 8.
Answer key
- 1. a = 23.7
- 2. b = 6.3
- 3. r = 0.9962
- 4. r² = 0.9452
- 5. x = 5.364
- 6. ŷ = 57.25
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