question 8\nuse linear regression to find the equation for the linear function that best fits this data…

question 8\nuse linear regression to find the equation for the linear function that best fits this data. round to two decimal places.\ny = \nhint

question 8\nuse linear regression to find the equation for the linear function that best fits this data. round to two decimal places.\ny = \nhint

Answer

Explanation:

Step1: Calculate sums

Let $n = 6$. $\sum_{i = 1}^{n}x_i=1 + 2+3 + 4+5 + 6=\frac{6\times(6 + 1)}{2}=21$ $\sum_{i = 1}^{n}y_i=801+832 + 839+836+876+899 = 5083$ $\sum_{i = 1}^{n}x_i^2=1^2+2^2+3^2+4^2+5^2+6^2=\frac{6\times(6 + 1)\times(2\times6 + 1)}{6}=91$ $\sum_{i = 1}^{n}x_iy_i=1\times801+2\times832+3\times839+4\times836+5\times876+6\times899$ $=801+1664+2517+3344+4380+5394 = 18090$

Step2: Calculate slope $m$

The formula for the slope $m$ of the regression - line is $m=\frac{n\sum_{i = 1}^{n}x_iy_i-\sum_{i = 1}^{n}x_i\sum_{i = 1}^{n}y_i}{n\sum_{i = 1}^{n}x_i^2-(\sum_{i = 1}^{n}x_i)^2}$ Substitute the values: $n\sum_{i = 1}^{n}x_iy_i=6\times18090 = 108540$ $\sum_{i = 1}^{n}x_i\sum_{i = 1}^{n}y_i=21\times5083 = 106743$ $n\sum_{i = 1}^{n}x_i^2=6\times91 = 546$ $(\sum_{i = 1}^{n}x_i)^2=21^2 = 441$ $m=\frac{108540-106743}{546 - 441}=\frac{1797}{105}\approx17.11$

Step3: Calculate intercept $b$

The formula for the intercept $b$ is $b=\overline{y}-m\overline{x}$, where $\overline{x}=\frac{\sum_{i = 1}^{n}x_i}{n}=\frac{21}{6}=3.5$ and $\overline{y}=\frac{\sum_{i = 1}^{n}y_i}{n}=\frac{5083}{6}\approx847.17$ $b = 847.17-17.11\times3.5$ $b = 847.17-59.89$ $b\approx787.28$

Answer:

$y = 17.11x+787.28$