All Exams Test series for 1 year @ ₹349 only
Question

Given the pairs of values of $(X, Y)$ as $(2, 60)$, $(4, 70)$ and $(6, 90)$, $m$ is the slope of the linear regression plot of $Y$ on $X$. The value of $m$ is _______.

The correct answer is
7.5

Calculating Linear Regression Slope

The question asks for the slope ($m$) of the linear regression plot of $Y$ on $X$ given three data points: $(2, 60)$, $(4, 70)$, and $(6, 90)$.

The formula for the slope ($m$) in linear regression of $Y$ on $X$ is: $m = \frac{n(\sum XY) - (\sum X)(\sum Y)}{n(\sum X^2) - (\sum X)^2}$ where $n$ is the number of data points.

Data Analysis

First, let's list the data points and calculate the necessary sums:

  • Number of data points, $n = 3$.
  • Data pairs $(X, Y)$: $(2, 60)$, $(4, 70)$, $(6, 90)$.
X Y $X^2$ XY
2 60 4 120
4 70 16 280
6 90 36 540
Sum $\sum X = 12$ $\sum Y = 220$ $\sum X^2 = 56$ $\sum XY = 940$

Slope Calculation

Now, substitute the calculated sums into the slope formula:

$m = \frac{3(940) - (12)(220)}{3(56) - (12)^2}$ $m = \frac{2820 - 2640}{168 - 144}$ $m = \frac{180}{24}$ $m = 7.5$

Result

The slope ($m$) of the linear regression plot is $7.5$.

Was this answer helpful?

Important Questions from Regression Analysis

  1. If a constant 60 is subtracted from each of the values of X and Y, then the regression coefficient is

  2. Given the regression lines X + 2Y - 5 = 0, 2X + 3Y - 8 = 0 and Var(X) = 12, the value of Var(Y) is

  3. The standard deviation of Y is double of standard deviation of x. The correlation coefficient between X and Y is 0.5.

    The acute angle between lines of regression is

  4. For the variables X, Y and Z, r xy = 0.80, r xz = 0.64, and r yz = 0.79, the square of multiple correlation coefficient \(\rm \mathop R\nolimits_{xyz}^2 \)  is:

  5. Dimension reduction methods have the goal of using the correlation structure among the predictor variables to accomplish which of the following:

    A. To reduce the number of predictor components

    B. To help ensure that these components are dependent

    C. To provide a framework for interpretability of the results

    D. To help ensure that these components are independent

    E. To increase the number of predictor components

    Choose the correct answer from the options given below:

Need Expert Advice?

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App