Find the equation of the least squares line

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Reference no: EM132845930

R-studio: Below are the weights (in pounds) and amounts of roadside fuel consumed (in mi / gal) of randomly chosen cars. Is there a linear correlation between weight and highway fuel consumption? Use R-studio to answer the following(please provide code):

(a) Find the equation of the least squares line.

(b) Interpret the meaning of intercept (a) and slope (b) according to the problem.

(c) Graph the scatter diagram.

(d) Calculate r and r2, and explain their meaning.

(e) Construct a 90% confidence interval for β.

(f) Compute the standard deviation of errors.

Reference no: EM132845930

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