What鈥檚 my grade? In Professor Friedman鈥檚 economics course, the correlation between the students鈥 total scores prior to the final examination and their final-examination scores is The pre-exam totals for all students in the course have mean and standard deviation The
final-exam scores have mean and standard deviation Professor Friedman has lost Julie鈥檚 final exam but knows that her total before the exam was He decides to predict her final-exam score from her pre-exam total.
(a) Find the equation for the appropriate least-squares regression line for Professor Friedman鈥檚 prediction. Interpret the slope of this line in context.
(b) Use the regression line to predict Julie鈥檚 final exam score.
(c) Julie doesn鈥檛 think this method accurately predicts how well she did on the final exam. Determine Use this result to argue that her actual score could have been much higher (or much lower) than the predicted value.