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Lets not forget about regression! Lets say Id like to make a prediction about how quickly my new potato plant will grow. I
If i want to know how tall my plant will be on the 16th day, I can run a regression on my data get an equation thatll predic
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Answer #1

Solution :  y = - .301 + .28x

Explanation :

The regression Equation is;

y = b_{0}+b_{1}x

Where "b0" is Intercept parameter and "b1" Slope parameter

Formulas for Intercept and slope parameters is;

b_{1} = \frac{\sum{(x - \bar{x})(y - \bar{y})}}{\sum{(x - \bar{x})^2}}

b_{0} = \bar{y}-b_{1}*\bar{x}

Where X = time in a Day

Y = Height in Cm

So regression equation by using Excel calculation is ;

y = -.301 + .28x

Time (days)(X) Height (Y) (X -Mean(X)) (Y - Mean(Y)) (X - Mean(X))^2 (X -Mean(X))(Y -Mean(Y))
1 0.1 -5.5 -1.416666667 30.25 7.791666667
2 0.1 -4.5 -1.416666667 20.25 6.375
3 0.3 -3.5 -1.216666667 12.25 4.258333333
4 0.9 -2.5 -0.616666667 6.25 1.541666667
5 1.2 -1.5 -0.316666667 2.25 0.475
6 1.4 -0.5 -0.116666667 0.25 0.058333333
7 1.8 0.5 0.283333333 0.25 0.141666667
8 2 1.5 0.483333333 2.25 0.725
9 2.2 2.5 0.683333333 6.25 1.708333333
10 2.5 3.5 0.983333333 12.25 3.441666667
11 2.7 4.5 1.183333333 20.25 5.325
12 3 5.5 1.483333333 30.25 8.158333333
Sum 78 18.2 143 40
Mean 6.5 1.516667
b1 0.280
b0 -0.30152
Regression Equation is :
Y = -0.301 + 0.28 X

Also If you have to predict the day 16th height then it is

y = -.301 + .28*16

y = 4.179 cm

Excel Regression Output For reference):

SUMMARY OUTPUT
Regression Statistics
Multiple R 0.99345748
R Square 0.986957764
Adjusted R Square 0.985653541
Standard Error 0.121595838
Observations 12
ANOVA
df SS MS F Significance F
Regression 1 11.18881119 11.18881119 756.7397 9.34E-11
Residual 10 0.147855478 0.014785548
Total 11 11.33666667
Coefficients Standard Error t Stat P-value Lower 95% Upper 95% Lower 95.0% Upper 95.0%
Intercept -0.301515152 0.074837065 -4.028954796 0.002404 -0.46826 -0.13477 -0.46826 -0.13477
Time (days)(X) 0.27972028 0.010168355 27.50890243 9.34E-11 0.257064 0.302377 0.257064 0.302377

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