5x+7y=31 , 3x-5y=21??

Mathematics

1 answer:

nikklg [1K]3 years ago

5 0

Answer:

yes

Step-by-step explanation:

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According to industry sources, online banking is expected to take off in the near future. The projected number of households (in

Airida [17]

Answer:

(a) The least-square regression line is: $y=4.662+2.709x$ .

(b) The number of households using online banking at the beginning of 2007 is 31.8.

Step-by-step explanation:

The general form of a least square regression line is:

$y=\alpha +\beta x$

Here,

y = dependent variable

x = independent variable

α = intercept

β = slope

(a)

The formula to compute intercept and slope is:

$\begin{aligned} \alpha &= \frac{\sum{Y} \cdot \sum{X^2} - \sum{X} \cdot \sum{XY} }{n \cdot \sum{X^2} - \left(\sum{X}\right)^2} \\\beta &= \frac{ n \cdot \sum{XY} - \sum{X} \cdot \sum{Y}}{n \cdot \sum{X^2} - \left(\sum{X}\right)^2} \end{aligned}$

The values of ∑X, ∑Y, ∑XY and ∑X² are computed in the table below.

Compute the value of intercept and slope as follows:

$\begin{aligned} \alpha &= \frac{\sum{Y} \cdot \sum{X^2} - \sum{X} \cdot \sum{XY} }{n \cdot \sum{X^2} - \left(\sum{X}\right)^2} = \frac{ 68.6 \cdot 55 - 15 \cdot 218.9}{ 6 \cdot 55 - 15^2} \approx 4.662 \\ \\\beta &= \frac{ n \cdot \sum{XY} - \sum{X} \cdot \sum{Y}}{n \cdot \sum{X^2} - \left(\sum{X}\right)^2} = \frac{ 6 \cdot 218.9 - 15 \cdot 68.6 }{ 6 \cdot 55 - \left( 15 \right)^2} \approx 2.709\end{aligned}$