Run a regression analysis on the following bivariate set of

Last updated: 12/21/2023

Run a regression analysis on the following bivariate set of data with y as the response variable X y 45 4 28 3 38 7 30 4 51 3 26 1 48 2 28 9 47 3 29 2 50 7 28 4 41 7 29 6 51 1 28 9 47 2 28 1 44 2 29 40 9 29 3 42 29 3 Find the correlation coefficient and report it accurate to three decimal places r What proportion of the variation in y can be explained by the variation in the values of x Report answer as a percentage accurate to one decimal place If the answer is 0 84471 then it would be 84 5 you would enter 84 5 without the percent symbol Based on the data calculate the regression line each value to three decimal places y X Predict what value on average for the response variable will be obtained from a value of 39 5 as the explanatory variable Use a significance level of a 0 05 to assess the strength of the linear correlation predicted response value Report answer accurate to one decimal place