Math Problem Statement
Suppose we want to examine the relationship between scores on a popular standardized test and performance in college. We have chosen a random sample of fifteen students just finishing their first year of college, and for each student we've recorded her score on the standardized test (from 400 to 1600) and her grade point average (from 0 to 4) for her first year in college. The data are shown below, with x denoting the score on the standardized test and y denoting the first-year college grade point average. A scatter plot of the data is shown in Figure 1. The least-squares regression line for these data has a slope of approximately 0.0016. (a) What is the value of the y-intercept of the least-squares regression line for these data? Round your answer to at least four decimal places. (b) What is the value of the sample correlation coefficient for these data? Round your answer to at least three decimal places.
Solution
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Math Problem Analysis
Mathematical Concepts
Statistics
Regression Analysis
Correlation
Formulas
Least-squares regression line formula
Sample correlation coefficient formula
Theorems
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Suitable Grade Level
Advanced High School
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