squishyturtle
New member
- Joined
- Feb 12, 2017
- Messages
- 5
Hello!
I am working on my homework for introductory statistics, and I am having some serious problems answering a question. The question is "Based upon the data given, estimate the average weekly salary this year. How confident are you in your estimate? You should use a linear regression model to make your prediction". I have already calculated the least squares regression line (y= 11.161x -21865), however, I do not know how to calculate the average from this equation. Any help that can be provided will be greatly appreciated!
The X and Y variables are in the replies section
I am working on my homework for introductory statistics, and I am having some serious problems answering a question. The question is "Based upon the data given, estimate the average weekly salary this year. How confident are you in your estimate? You should use a linear regression model to make your prediction". I have already calculated the least squares regression line (y= 11.161x -21865), however, I do not know how to calculate the average from this equation. Any help that can be provided will be greatly appreciated!
The X and Y variables are in the replies section
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