(i) The following table shows the Mean, the Standard Deviation and the coefficient of correlation of two variables x and y.
Calculate:
(a) the regression coefficient bxy and byx
(b) the probable value of y when x = 20
(ii) An analysed 102 trips of a travel company. He studied the relation between travel expenses (y) and the duration (x) of these trips. He found that the relation between x and y was linear. Given the following data, find the regression equation of y on x.
Solution
,,