Regression analysis - Least Squares Regression Line
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What is the least squares regression line equation ? What are the slope and the y-intercept? What is the R-squared value? Conclusion make specific comments and give reasons regarding any similarities or differences in the output results. Which regression produces the strongest correlation coefficient result? Why?
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Solution Summary
The least squares regression line equation is defined in the solution. The slope and y-intercept are determined. The solution provides conclusions and comments regarding any similarities and differences in the output results.
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Benefits vs Intrinsic
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What is the least squares regression line equation ?
y = 4.554120007 + (-0.13415474)X + u
Where u just represents the unobserved variation (you probably don't really need to put it).
Y and X are your dependent and independent variables. Just based on the name of the tabs in Excel I assume they are Benefits and Intrinsic, respectively
What are the slope and the y-intercept?
Slope = -.134
Intercept = 4.55
What is the R-squared value?
0.043361731 ...
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