Say, for a different dataset consisting of 15 observations, the corresponding normal probability plot roughly follows a linear trend with slope 7.21 and y-intercept (0, 0.58). What can we say about the distribution of our dataset ? Explain your answer.

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Say, for a different dataset consisting of 15 observations, the
corresponding normal probability plot roughly follows a linear trend with slope
7.21 and y-intercept (0, 0.58). What can we say about the distribution of our
dataset ? Explain your answer.

Expert Solution
Step 1

Here,

There are 15 observations given and the slope for the data is equal to 7.21 and y_intercept is equal to (0, 0.58).

Intercept: The intercept can be stated as the point where the function crosses the axis. 
Slope: The slope of a plot is the change in one variable over the change in another variable.

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