Find the Equation of the Regression Line for the Given

question 72

Multiple Choice

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

• A)\(\hat { y } = -1.885 x+0.758\)
• B)\(\hat { y } =0.758 x+1.885\)
• C) \(\hat { y } = - 0.758 x - 1.885\)
• D) \(\hat { y } = 1.885 x - 0.758\)

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Definitions:

NYSE

The New York Stock Exchange, a prominent stock exchange located in New York City, known as a global marketplace for buying and selling stocks.

Stocks

Shares of ownership in a company that give holders a claim on the company's earnings and assets.

Positive Linear Relationship

A relationship between two variables where an increase in one variable is associated with an increase in the other variable, represented as a straight line.

Scatter Diagram

A graphical representation that uses dots to show the relationship between two variables, helping to identify correlations.