Textbook ExpertVerified Tutor
16 Nov 2021
Given information
The general least-square line is given below:
Here, is the -intercept and is the slope.
Also, is the dependent variable and is the independent variable.
Step-by-step explanation
Step 1.
The updated scatterplot is shown below,
So, using equation (1) and the above scatterplot, the estimated least-squares line is written below:
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