Statistics Solutions

[Solved] Use the given data to find the best predicted value of the dependent variable. Be sure to follow the prediction procedure. Data sets 25 includes

Question: Use the given data to find the best predicted value of the dependent variable. Be sure to follow the prediction procedure.

Data sets 25 includes pairs of data for the Dow-Jones Industrial Average high value and the total number of points scored in the Super Bowl for 21 different years. Excel was used to find that the value of the linear correlation coefficient is r = -0.133 and the regression equation is ŷ = 53.3 - .000442x, where x is the high value of the DJIA. Also, the mean number of the Super Bowl points is 51.4. What is the best predicted value for the total number of Super Bowl points scored in a year with a DJIA of 1200?

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