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Question (b)

Given statistics:
∑x=511\sum x = 511
∑y=314\sum y = 314
∑xy=19,064\sum xy = 19,064
∑x2=34,234.5\sum x^2 = 34,234.5
∑y2=13,036\sum y^2 = 13,036
n=8n = 8

(i) Determine the linear regression equation using the least squares method.

Step 1: Calculate the means xˉ\bar{x} and yˉ\bar{y}.

xˉ=∑xn=5118=63.875\bar{x} = \frac{\sum x}{n} = \frac{511}{8} = 63.875
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