Finite Math and Applied Calculus (6th Edition)

Published by Brooks Cole
ISBN 10: 1133607705
ISBN 13: 978-1-13360-770-0

Chapter 1 - Section 1.4 - Linear Regression - Exercises - Page 103: 21d

Answer

The linear model is reasonable, as the graph of the regression line is a very good fit for the data points.

Work Step by Step

Plotting the data points and graphing the regression line, we would say that the regression line seems to be a good fit. Calculating the correlation coefficient, we add another column to the table, $\left[\begin{array}{llllll} & S & I & SI & S^{2} & I^{2}\\ & & & & & \\ \hline & 10 & 200 & 2000 & 100 & 40,000\\ & 15 & 500 & 7500 & 225 & 250,000\\ & 20 & 600 & 12,000 & 400 & 360,000\\ & 25 & 900 & 22,500 & 625 & 810,000\\ \hline & & & & & \\ \sum & 70 & 2200 & 44,000 & 1350 & 1,460,000\\ & & & & & \end{array}\right]$ and calculate $r=\displaystyle \frac{n(\sum xy)-(\sum x)(\sum y)}{\sqrt{n(\sum x^{2})-(\sum x)^{2}}\cdot\sqrt{n(\sum y^{2})-(\sum y)^{2}}}\approx 0.9838699101$, which is very close to $1$, indicating a very good fit.
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