Textbook ExpertVerified Tutor
24 Nov 2021
Given information
We have to write the linear equation.
Step-by-step explanation
Step 1.
The formula for the best-fitting line (or regression line) is , where m is the slope of the line and b is the y-intercept.
The formula for the slope, m, of the best-fitting line is
where r is the correlation between x and y, and and are the standard deviations of the x-values and the y-values, respectively.
The formula for the y-intercept, b, of the best-fitting line is , where and are the means of the x-values and the y-values, respectively, and m is the slope.
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