ort the intercept and slope estimates:

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 7E
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Question
The following table contains ACT scores and the GPA for eight college
students. Estimate the relationship between GPA (yi) and ACT (x;) using OLS regression by hand.
Report the intercept and slope estimates:
Student
1
2
3
4
5
6
7
8
GPA
2.8
3.4
3.0
3.5
3.6
3.0
2.7
3.7
ŷ₁ =B₁ + B₁x₁
ACT
21
24
26
27
29
25
25
30
y
X
ŷ₁
Transcribed Image Text:The following table contains ACT scores and the GPA for eight college students. Estimate the relationship between GPA (yi) and ACT (x;) using OLS regression by hand. Report the intercept and slope estimates: Student 1 2 3 4 5 6 7 8 GPA 2.8 3.4 3.0 3.5 3.6 3.0 2.7 3.7 ŷ₁ =B₁ + B₁x₁ ACT 21 24 26 27 29 25 25 30 y X ŷ₁
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