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What is the slope of the line of best fit

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Reference no: EM131667997

Question: A random sample of ten professional athletes produced the following data where x is the number of endorsements the player has and y is the amount of money made (in millions of dollars).

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1. Draw a scatter plot of the data.

2. Use regression to find the equation for the line of best fit.

3. Draw the line of best fit on the scatter plot.

4. What is the slope of the line of best fit? What does it represent?

5. What is the y-intercept of the line of best fit? What does it represent?

Reference no: EM131667997

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