Researchers have collected data on the hours of studying in a week and the exam grade of a student. You are given the data below.
 
Hours of Studying
Exam Grade
1
55
3
75
4
80
3
85
6
99
?
a.
Compute the least squares estimated regression equation.
b.
Compute the correlation coefficient.
c.
Compute the coefficient of determination. How would you interpret this value?
?

What will be an ideal response?


a.   

 = 50.621 + 8.288x

b.

.9388

c.

.8813. 88.13% of the variation in exam grades is explained by the variation in hours studying.







Business

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