Question 464023: This table shows 10 observations of a pair of variables (x, y). The variables x and y are positively correlated, with a correlation coefficient of 0.977. Find the slope, b, of the least squares regression line, y = ax + b, for these data.
x 1 2 3 4 5 6 7 8 9 11
y 2 4 5 8 9 12 13 14 15 16
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! This table shows 10 observations of a pair of variables (x, y). The variables x and y are positively correlated, with a correlation coefficient of 0.977. Find the slope, b, of the least squares regression line, y = ax + b, for these data.
x 1 2 3 4 5 6 7 8 9 11
y 2 4 5 8 9 12 13 14 15 16
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I ran a Linear Regression function against
the data and found slope = 1.6121
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Cheers,
Stan H.
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