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Correlation & Regression Analysis

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Please provide step-by-step solutions for this problem so that when I do my other homework I can figure out how to do problems that have the same kind of context.

For the following sets of scores, a) compute the Pearson correlation, and b) find the regression equation for predicting Y from X.
X Y
0 16
1 6
2 9
3 0
4 9.

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Solution Summary

The solution provides step-by-step method for the calculation of correlation coefficient and regression analysis in. Formula for the calculation and Interpretations of the results are also included. Interactive excel sheet is included. The user can edit the inputs and obtain the complete results for a new set of data.

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