Asked by Stella
Four pairs of data yield r=0.942 and the regression equation y-hat=3x. Also, y-bar=12.75. What is the best predicted value for x=4.3?
I know that the answer is 12.5, but how do you know to use the y-bar value instead of plugging the x value into the equation?
I know that the answer is 12.5, but how do you know to use the y-bar value instead of plugging the x value into the equation?