In this study n = 10 brands of wine were measured on a scale 0 – 100 for quality. The price per bottle for each brand was also determined. The data are displayed in the table below: Brand Quality 4 5...


Determine the slope, b, and intercept a of the least squares line.Also, determine the Residual Sum of Squares (RSS).


In this study n = 10 brands of wine were measured on a scale 0 – 100 for quality.<br>The price per bottle for each brand was also determined. The data are displayed in<br>the table below:<br>Brand<br>Quality<br>4 5<br>21.2 67.2 67.4 42.5 52.6 | 28.6 | 70.1 | 44.1 | 54.4 | 50.2<br>16.53 26.77 28.81 20.65 17.3 13.18| 16.22|21.72| 15.7 | 17.28<br>2<br>3<br>6 7 8<br>9<br>10<br>Price<br>10<br>10<br>10<br>10<br>10<br>Ex, = 498.3., Ex = 27237.23, Ey, = 194.16, Ey = 3999.25, x,y; = 10072.137<br>i=1<br>i=1<br>i=1<br>i=1<br>i=l<br>

Extracted text: In this study n = 10 brands of wine were measured on a scale 0 – 100 for quality. The price per bottle for each brand was also determined. The data are displayed in the table below: Brand Quality 4 5 21.2 67.2 67.4 42.5 52.6 | 28.6 | 70.1 | 44.1 | 54.4 | 50.2 16.53 26.77 28.81 20.65 17.3 13.18| 16.22|21.72| 15.7 | 17.28 2 3 6 7 8 9 10 Price 10 10 10 10 10 Ex, = 498.3., Ex = 27237.23, Ey, = 194.16, Ey = 3999.25, x,y; = 10072.137 i=1 i=1 i=1 i=1 i=l

Jun 09, 2022
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