To predict the \( y \) value when \( x = 7.3 \) using the given regression equation, you can simply substitute \( x = 7.3 \) into the regression equation:
\[ \hat{y} = -2.3x + 37.74 \]
Substituting \( x = 7.3 \):
\[ \hat{y} = -2.3(7.3) + 37.74 \]
Calculating the terms:
- \( -2.3 \times 7.3 = -16.79 \)
- Then, adding 37.74: \[ \hat{y} = -16.79 + 37.74 \] \[ \hat{y} = 20.95 \]
Therefore, the predicted value of \( y \) when \( x = 7.3 \) is 20.95.
If you need to compare the predicted value to a critical value for significance testing or correlation interpretation, you could mention that the correlation coefficient of -0.412 indicates a moderate negative correlation. However, for the prediction computation itself, the critical value is not needed.
Thus, the final prediction is:
Predicted \( y \) when \( x = 7.3 \) is 20.95.