Use the data below to answer the following questions.12,8,4,5 X:1,2,3,4 a.Draw a scatter plot of X on Y b.Calculate the sample estimates of 0 and 1…
1. Use the data below to answer the following questions. Y:12,8,4,5 X:1,2,3,4 a. Draw a scatter plot of X on Y b. Calculate the sample estimates of β0 and β1 Estimated regression equation:______________________ c. Draw the estimated regression of part (b) on part (a)’s graph d. Interpret the estimates of β0 and β1 Intercept: Slope: e. Find the predicted value when X=5 f. Estimate and […]