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Statement of a problem â„– m41234

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Consider the following values for the dependent and independent variables: x y 6…………………….5 9……………………20 14…………………..28 18…………………..30 22…………………..33 27…………………..35 a. Develop a scatter plot of the data. Does the plot suggest a linear or nonlinear relationship between the dependent and independent variables? b. Develop an estimated linear regression equation for the data. Is the relationship significant? Test at an α = 0.05 level. c. Develop a regression equation of the form = b0 + b1 ln (x). Does this equation provide a better fit to the data than that found in part b?




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