Estimates of the slope and intercept of the line

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Reference no: EM131832231

(a) Using the method of least squares, fit a straight line to the following data. What are the least squares estimates of the slope and intercept of the line?

x 10 20 30 40 50 60

y 2.7 3.6 5.2 6.1 6.0 4.9

(b) Calculate 99% confidence intervals for the slope and intercept.

Reference no: EM131832231

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