Mathematics · Regression Analysis
Consider the following statements regarding the calculation of the linear regression line y = a + bx: 1. n represents the total number of pairs of data items used. 2. (Σx)2 is calculated by multiplying Σx by Σx. 3. Σxy is calculated by multiplying Σx by Σy. Which of the statements given above are correct?
- 11, 2 and 3
- 22 and 3 only
- 31 and 3 only
- 41 and 2 only✓
Correct answer
1 and 2 only
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