Develop the estimated regression equation by computing the values of bo and bi using Equation 14.6 and Equation 14.7 (to 1 decimal). û + 2 e. Use the estimated regression equation to predict the value of y when x = 4 (to 1 decimal). à¸à¸µ Given are five observations for two variables, X and y. Si 1 2 3 4 5 Yi 4 7 5 11 16



Answer :

The estimated regression equation when x = 4, the value of y is 11.4.

The estimated regression equation by computing the values of bo and bi using Equation 14.6 and Equation 14.7 (to 1 decimal). û + 2 e.

Table attached at the end of solution

Sum of x = 15

Sum of y = 43

Mean x= 3

Mean Y = 8.6

Sum of squares([tex]SS_{x}[/tex]) = 10

Sum of product (SP) = 28

Regression equation = [tex]y = bX+a[/tex]

[tex]b=SPISS_{x} =\frac{28}{10} =2.8[/tex]

[tex]a=M_{y}-bM_{x}=8.6-(2.8[/tex]×3)=0.2

y= 2.8X+0.2

Put x=4 in above equation we get predicted value of y is 11.4.

Therefore, the value of y is 11.4.

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