5. Analyzing Lines of Fit
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Graph:
Correlation: This is a strong, negative correlation.
y-intercept: 844.545
Substituting the values of a and b into the equation y=ax+b gives us the equation for the line of best fit. y=-9.58788x+844.545 We can see how the line fits with the data by plotting the data points and graphing the line on the same coordinate plane.
r=-0.9636 This tells us that correlation is both negative and very strong. We know that it is strong because it is extremely close to -1. A correlation of -1 would be a direct correlation explained by a line that goes through all of the points.
y=-9.58788x+844.545 In this equation, the slope is -9.58788 and the y-intercept is 844.545.