Question

In order to fit the regression line equationon a data set consisting of 34 pairs of values (z,y), the least square estimates of β1 and β2 are to be computed. From the data set, the following values are obtained:

equation

equation

Obtain the fitted regression line.

22 Apr 2025
Answer :
Word Count : 224
We are given: * Number of observations: $n = 34$ * $\sum x_i = 100.73$ * $\sum y_i = 16703$ * $\sum x_i^2 = 304.7885$ * $\sum x_i y_i = 50006.47$ We want to fit the regression line of the form: $$ y = \beta_1 + \beta_2 x $$ To compute the least squares estimates $\hat{\beta}_1$ _________ _________ _________ _______ _______ _______ __________ ______ _______.
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