Lesson 2.2 Linear Regression
Slope and y-intercept Do the investigation on page 171 #1-4.
Residual The vertical deviation of each data point from the line of best fit Residuals are positive for points above the line, and negative for points below the line.
Least Squares Formulae It's a linear equation, but how do we find m and b? Yikes! Aren't you glad we have computers?
We can use the least-squares method to find the equation of a line. Age (years) Annual Income (000) x2 XY 33 25 31 19 18 44 52 50 56 54 60 38 29 35 Sum = Calculate m and b:
Effects of Outliers Textbook see example 3 on page 177.
Practice Questions Page 180 #1, 2 (excel), 3, 4 (excel), 5, 7 When the question says “use linear regression to model these data”, they mean use the least squares formula to calculate the slope and y-intercept (by hand) Practice Questions