a) Scatter Diagram is
b) For finding the correlation coefficient
we find the means of X and Y using the excel function Average
Mean of X = X̅ = 5.4
Mean of Y = Y̅ = 8.6
X | Y | x2 | y2 | xy | (xi-x̅) | (yi-y̅) | (xi-x̅)2 | (yi-y̅)2 | (xi-x̅)(yi-y̅) |
3 | 4 | 9.00 | 16.00 | 12.00 | -2.40 | -4.60 | 5.76 | 21.16 | 11.04 |
4 | 6 | 16.00 | 36.00 | 24.00 | -1.40 | -2.60 | 1.96 | 6.76 | 3.64 |
5 | 7 | 25.00 | 49.00 | 35.00 | -0.40 | -1.60 | 0.16 | 2.56 | 0.64 |
7 | 12 | 49.00 | 144.00 | 84.00 | 1.60 | 3.40 | 2.56 | 11.56 | 5.44 |
8 | 14 | 64.00 | 196.00 | 112.00 | 2.60 | 5.40 | 6.76 | 29.16 | 14.04 |
Total | 17.2 | 71.2 | 34.8 |
Correlation Coefficient r is calculated as
We calculate correlation coefficient
n = number of observations = 5
Mean of X = X̅ = 5.4
Mean of Y = Y̅ = 8.6
Correlation Coefficient r =
0.9944
Coefficient of Determination
R2 = (0.9944)2
R2 = 0.9888
c) From the scatter plot, we can see that the points are mostly
on a straight line
Hence, the relation between X and Y is
linear
Using the Excel tool for Regression at the option Data->Data
Analysis->Regression, we find the slope and the
intercept
Coefficients | |
Intercept | -2.3256 |
X | 2.0233 |
The regression line is
ŷ = 0.0233 x - 2.3256
d) From the regression equation , we get Predicted Y for each X value
X | Y | Predicted Y |
3 | 4 | 3.74 |
4 | 6 | 5.77 |
5 | 7 | 7.79 |
7 | 12 | 11.84 |
8 | 14 | 13.86 |
Plotting the regression line (Predicted Y) on the same scatter
plot
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