Regression Analysis From Partial Computer Output
Consider the following partial computer output from a simple linear regression analysis from the data provided in the attached document.
What is the estimated y-intercept?
What is the estimated slope?
Write the equation of the regression line.
What is the predicted value of y when x = 1,000?
Calculate the correlation coefficient.
Write a sentence interpreting what R2 means given the independent and dependent variable.
https://brainmass.com/statistics/regression-analysis/regression-analysis-193843
Solution Preview
1) What is the estimated y-intercept?
From the output table, we know that the estimated y-intercept is -28.13.
2) What is the estimated slope?
From the output table, we know that the estimated slope is 1.12.
3) ...
Solution Summary
This solution solves for the y-intercept, slope, correlation coefficient and independent and dependent variables based on partial computer output from a linear regression analysis.