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Consider the Following Pairs of Measurements x13467y3681213\begin{array}{|c|c|c|c|c|c|}\hline x & 1 & 3 & 4 & 6 & 7 \\\hline y & 3 & 6 & 8 & 12 & 13 \\\hline\end{array}

question 21

Essay

Consider the following pairs of measurements: x13467y3681213\begin{array}{|c|c|c|c|c|c|}\hline x & 1 & 3 & 4 & 6 & 7 \\\hline y & 3 & 6 & 8 & 12 & 13 \\\hline\end{array}

a. Construct a scattergram for the data.
b. What does the scattergram suggest about the relationship between xx and yy ?
c. Find the least squares estimates of β0\beta _ { 0 } and β1\beta _ { 1 } .
d. Plot the least squares line on your scattergram. Does the line appear to fit the data well?


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