Textbook ExpertVerified Tutor
17 Nov 2021
Given information
The data for different colonies is given against two parameters:
Percent return:
Percent new:
Step-by-step explanation
Step 1.
The general least square line is given by,
Here, is the intercept and is the slope.
is the dependent variable and is independent variable.
The least square line is calculated by using above data from excel sheet:
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