Run a regression analysis on the following data set with y as the response variable. X y 39.5 12.5 35.1 18.5 36.8 32.6 11.2 -16.1 21.5 -30.8 34.1 -6 45.2 32.9 41.5 38.3 54 40.3 CS Scanned with Cam What is the predicted value of the response variable when the explanatory variable has value 22.7?

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Run a regression analysis on the following data set with y as the response variable.
y
39.5
12.5
35.1
18.5
36.8
32.6
11.2
-16.1
21.5
-30.8
34.1
-6
45.2
32.9
41.5
38.3
54
40.3
CS Scanned with Cam
What is the predicted value of the response variable when the explanatory variable has value 22.7?
Transcribed Image Text:Run a regression analysis on the following data set with y as the response variable. y 39.5 12.5 35.1 18.5 36.8 32.6 11.2 -16.1 21.5 -30.8 34.1 -6 45.2 32.9 41.5 38.3 54 40.3 CS Scanned with Cam What is the predicted value of the response variable when the explanatory variable has value 22.7?
Expert Solution
Step 1

Given: The provided data is:

x 39.5 35.1 36.8 11.2 21.5 34.1 45.2 41.5 54
y 12.5 18.5 32.6 -16.1 -30.8 -6 32.9 38.3 40.3

The regression equation is given as:

                                                                   y=a+bx

where,

y= response variable.

x= independent/ explanatory variable.

a=intercept.

b=slope coefficient.

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