Question

• Σαπο 54 Σ» = 82 Σα2 = 384 Συ? - 822 Σαμ = 440
1. The standard deviation of the independent variable Sz = 2. The standard deviation of the dependent variable Sy = 3. The co


Consider the following summations based on a sample of 9 bivariate data.
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Answer #1

Ans : Given that

Σ - 54

y 82

Σ X Ξ 384

12 = 822

Σ χy = 440

sample size = 9

1) Standard deviation of the independent variable X

Σχ2 (Σκ)^2 n η -1 S

(54)^2 384 9 9-1 S =

sx = 2.7386

2) Standard deviation of the independent variable y

Σy2 - (Σy)^2 n η -1 S

(82)^2 822 9 9-1 S =

Sy=3.0596

3) Covariance

Σχy: η * Χ* y cov(x,y) - η -1

cov(x, y) 440-9*6*9.11 9 - 1

cov(x,y) = -6.4925

4) The Pearson correlation coefficient

γ = η * Σχ*y - (Σκ) * (Σy) [n Σx? - (Σx)^ 2] και [η * Σy? - (Σy)^2]

r = 9* 440-(54) * (82) [9* 384 – 2916] * [9* 822 – 6724]

rxy = -0.7757

5) To find the line of best fit line

first calculating the   estimating parameter value

\widehat{\beta_1 } = r_x_y*\frac{s_y}{s_x}

\small \widehat{\beta_1 } = -0.7757 *(3.0596/2.7386)

\small \widehat{\beta_1 }= -0.8666

\small \widehat{\beta_0 } = \bar{y} -\widehat{\beta_1 }*\tilde{x}

=9.11 -(-0.8666)*6

=14.3096

The line of the best fit is y = 14.3096 - 0.8666*x

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