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    Given are five observations for two variables x and y. (see attached for details)
    x y
    1 3
    2 7
    3 5
    4 11
    5 14

    A. Develop a scatter diagram for this data.
    B. What does the scatter diagram in part A indicate about the relationship between the two variables?
    C. Try to aproximate the relationship between x and y by drawing a straight line through the data.
    D. Develop the estimated regression equation by computing the values of b (0) and b (1) using equations(14.6) and (14.7)
    E. Use the estimated regression to predict the value of y when x = 4

    Question also in Attachment

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    Solution Summary

    Develops a scatter diagram for the data and the estimated regression equation.