Question

For the data set shown below, complete parts (a) through (d) below. x 3 4 5 7 80 у| 4 7 8 13 14 (a) Find the estimates of β0 and β1 Po b1.663 (Round to three decimal places as needed.) P2.012 (Round to three decimal places as needed.) (b) Compute the standard error, the point estimate for o. Round to four decimal places as needed.)

Answer 1

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a.

We conducted the linear regression on the data available to us.

Following are results. I am also highlighting them in the regression table, so that you know where to find them

I have also penned down the answer at the below the image.

SUMMARY OUTPU 4 Regression Statistics 0.991505771 0.983083695 Adjusted R Square0.977444926 0.63184239 Multiple R Square 4 7 13 14 7 Standard Error Observations ANOVA df MS ignificance F Regression Residual Total 1 69.602326 69.602326 174.34369 0.0009386 3 1.1976744 0.3992248 4 70.8 Intercept X Variable 1 Coefficients tandard Errc t Stat P-value Lower 95% Upper 95%-ower 95.0%) pper 95.0% 1.662790698 0.869868 1.911544 0.1518951 -4.431099 1.1055174 -4.431099 1.1055174 2.011627907 0.1523507 13.203927 0.0009386 1.5267799 2.4964759 1.5267799 2.4964759

Bo = -1.663

B1 = 2.012

b. Se = 0.6318