We are asked to identify the correct regression equation.
The regression equation is given by
[tex]y=bx+a[/tex]
Where the coefficients a and b are
[tex]a=\frac{\sum y\cdot\sum x^2-\sum x\cdot\sum xy}{n\cdot\sum x^2-(\sum x)^2}[/tex][tex]b=\frac{n\cdot\sum xy-\sum x\cdot\sum y}{n\cdot\sum x^2-(\sum x)^2}[/tex]
Where n is the number of observations that is 5.
Let us substitute the following into the above formula.
∑x=143
∑y=411
∑x^2=4,573
∑xy=13,393
[tex]a=\frac{411\cdot4573-143\cdot13393}{5\cdot4573-(143)^2}=-14.75[/tex][tex]b=\frac{5\cdot13393-143\cdot411}{5\cdot4573-(143)^2}=3.39[/tex]
So, the coefficients are
a = -14.75
b = 3.39
Therefore, the correct regression equation is
[tex]y=3.39x-14.75[/tex]
