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A population data set produced the following information. $$ N=250, \quad \Sigma x=9880, \quad \Sigma y=1456, \quad \Sigma x y=85,080, \quad \Sigma x^{2}=485,870 $$ Find the population regression line.

Short Answer

Expert verified
The population regression line is obtained by substituting the computed values of 'a' and 'b' into the equation \(y = ax + b\). This gives the relationship between the dependent variable y and independent variable x.

Step by step solution

01

Calculate Slope (a)

Start by calculating the slope 'a' which can be calculated from the formulas \((n * \Sigma xy - \Sigma x * \Sigma y) / (n * \Sigma x^{2} - (\Sigma x)^{2})\). Substitute the given values into the formula: \(a = (250 * 85080 - 9880 * 1456) / (250 * 485870 - 9880^{2})\).
02

Calculate y-intercept (b)

Next, calculate the y-intercept 'b'. The formula is given as \((\Sigma y - a * \Sigma x) / n\). Substituting the slope and other given values into the formula will result in: \(b = (1456 - a * 9880) / 250\).
03

Determine Regression Line

Finally, to determine the regression line substitute values of 'a' and 'b' into the equation \[y = ax + b\]. This will give you the population regression line.

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