Statistics: Regression line
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The following readings were taken in a laboratory experiment:
x | 0 | 5 | 10 | 15 |
-----------------------------------------
y | 3000 | 3501 | 4022 | 4525 |
Determine the equation of the form y = mx + b that fits the data in a least squares sense.
(1) y = 101.92x + 2997.6
(2) y = x + 3000
(3) y = 1.016x + 3000
(4) y = 1.19x + 500
(5) y = 3.7x + 3000.
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Solution Summary
The solution determines the equation of the form y = mx + b that fits the data in a least squares sense.
Education
- BSc, University of Bucharest
- MSc, Ovidius
- MSc, Stony Brook
- PhD (IP), Stony Brook
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