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You are the foreman of the Bar-S cattle ranch in Colorado. A neighboring ranch has calves for sale, and you are going to buy

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Answer #1

х Y 3 40 2 54 9 74 16 100 26 150 36 200 The independent variable is X, and the dependent variable is Y. In order to compute t

So , \sum x = 92 , \sum y = 618 ,  \sum x^2= 2322, \sum y^2 =82492 , \sum xy = 13594

For finding correlation coefficient r we further calculate followings:
1596047010513_image.png

Thus r = 0.994

Value of r and \bar{y} are as follows:

1596047169030_image.png
For the Regression Line :

1596047218650_image.png
Therefore, \widehat{y} = 33.714+4.5189*x

Plot of the Line:

Scatter Plot and Regression Line 208 158 Y 108 58 --4.80 8.20 5.20 10.20 15.20 20.20 25.20 30.20 35.20 40.20 Regression equat

As intercept is 33.714 Therefore the 3rd plot is the right answer for the line.

Coefficient of Determination = (correlation coefficient)2 = 0.9942 = 0.988

Explained variation = (r2)*100 % = 98.8%
Unexplained variation = (1-r2) *100% = 1.2%

Healthy weight (y) for age 24 weeks(x) = 33.714 + 4.5187*24 = 142.16

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