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Find the Equation of the Regression Line for the Given

question 72

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Find the equation of the regression line for the given data. Round values to the nearest thousandth. x5341120234y11661341458\begin{array}{|c|c|c|c|c|c|c|c|c|c|c|}\mathrm{x} & -5 & -3 & 4 & 1 & -1 & -2 & 0 & 2 & 3 & -4 \\\hline \mathrm{y} & 11 & 6 & -6 & -1 & 3 & 4 & 1 & -4 & -5 & 8\end{array}


Definitions:

Residuals

The variations between the actual values and the ones forecasted in regression analysis.

Oil Quality

A measure of the chemical and physical properties of an oil, determining its suitability for specific uses.

Regression Equation

A mathematical formula used to predict a dependent variable based on one or more independent variables.

Outliers

Data points that significantly differ from the majority of a dataset, often indicating a deviation from the norm.

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