A Data Set with 7 Observations Yielded the Following

question 55

Essay

A data set with 7 observations yielded the following.Use the simple linear regression model.

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Definitions:

Sample Variance

A statistic that measures the dispersion of a sample set of data points around their sample mean.

Sample Standard Deviation

Sample Standard Deviation is a measure that quantifies the amount of variation or dispersion of a set of sample data values around the sample mean.

Ages

A quantitative variable representing the length of time that an individual or object has existed.

Standard Deviation

A quantification tool that assesses how much data values diverge or spread out from their mean.