Given are five observations for two variables, x and y. xi XXXXXXXXXX yi XXXXXXXXXX Develop the estimated regression equation by computing the values of b 0 and b 1 using b 1 = Σ(x i − x)(y i − y) Σ(x...

Given are five observations for two variables, x and y.
xi -3 12 6 20 14
yi -55 40 55 10 15
Develop the estimated regression equation by computing the values of

b_{0 and}b_{1  using}b_{1 =}

and

b₀ = y − b₁x.

y= ____________________

Use the estimated regression equation to predict the value ofy when x = 7.

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