Hi Lindsay,
We are given the regression equation: y = 0.1783x – 279.92, where x = birth year and y = U.S. life expectancy, in years and we are given the coefficient of variation or R^2 = 0.9748.
(a) Use the regression line to estimate the U.S. life expectancy of a baby born in 1964, to the nearest tenth of a year.
y= 0.1783x – 279.92 where x= 1964; therefore y= 0.1783*(1964)- 279.92 = 70.26 years
(b) Use the regression line to predict the U.S. life expectancy of a baby born in 2016, to the nearest tenth of a year.
We use the same equation except we substitute 2016 for 1964
y= 0.1783*(2016) - 279.92 = 79.53 years
(c) What is the slope of the regression line and what are the units of measurement?
The slope of the regression line is the value of the coefficient of the independent variable or 0.1783. The meaning of the slope is for a 1 year change in birth year, the life expectancy changes by 0.1783 years.
d) What is the value of the correlation coefficient, r?
The correlation coefficient, r is found by taking the square root of the R^2 and calculating the sign by taking the sign of the slope. The square root of R^2 of 0.9748 is 0.9873 and since the sign of the slope is positive, the r = 0.9873
Hope this helps.