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Problem

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Textbook Expert
Textbook ExpertVerified Tutor
16 Nov 2021

Given information

The following table shows data on average per capita coffee consumption and heart disease rate in a random sample of countries:

Step-by-step explanation

Step 1.

The correlation coefficient, or Pearson product-moment correlation coefficient (PMCC) is a numerical value which lies between and and expresses the strength of linear relationship between two variables. When is closer to , indicates a strong positive relationship. Value of indicates that there is no relationship. Values close to defines a strong negative relationship between the two variables. 

Simple linear regression is a way to describe a relationship between two variables through an equation of a straight line.

 

By using the following formula we derive the equation for the line of best fit:  

 

Here,

 

 

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