Statistics: Correlation Coefficient & Regression Analysis
June 18th, 2023
Please help with the following problem. Provide step by step calculations.
Construct a scatterplot for the (x, y) values below, and answer the following questions.
x y
1 -10.0
2 -20.0
3 -30.0
4 -40.0
5 -50.0
Questions:
– What would be the slope of this regression line?
– Would the correlation between x and y be positive or negative?
– How would you interpret these data in terms of linear regression?