Finding equation of the line of best fit

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Reference no: EM1315588

Q1) Given the following:

Days In Hospital

Cost of Care (in Thousands)

x

y

5

28.5

6

30.3

2

24.7

7

32.8

2

25.9

4

29.6

8

35.2

5

31.9

a) Graph the data

b) Determine is x

c) What is y

d) Find b0

e) What is b1

f) Find out equation of the line of best fit

g) Find out r - Is there a strong relationship?

h) Evaluate average cost of care for someone who spends 3 days in hospital.

Reference no: EM1315588

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