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Example: Sam Found How Many Hours of Sunshine Vs How Many Ice Creams Were Sold at The Shop From Monday To Friday

Sam collected data on hours of sunshine and ice creams sold each day from Monday to Friday. This data was used to calculate the slope and y-intercept of the linear regression line. The equation of the line was determined to be y = 1.518x + 0.305. When the weather forecast predicted 8 hours of sunshine the next day, Sam used the equation to estimate ice cream sales would be 12.45. He prepared waffle cones for 14 ice creams.

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Sai Aravind
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1K views3 pages

Example: Sam Found How Many Hours of Sunshine Vs How Many Ice Creams Were Sold at The Shop From Monday To Friday

Sam collected data on hours of sunshine and ice creams sold each day from Monday to Friday. This data was used to calculate the slope and y-intercept of the linear regression line. The equation of the line was determined to be y = 1.518x + 0.305. When the weather forecast predicted 8 hours of sunshine the next day, Sam used the equation to estimate ice cream sales would be 12.45. He prepared waffle cones for 14 ice creams.

Uploaded by

Sai Aravind
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Example: Sam found how many hours of sunshine vs how many ice

creams were sold at the shop from Monday to Friday:

"x" "y"
Hours of Ice Creams
Sunshine Sold
2 4
3 5
5 7
7 10
9 15

Let us find the best m (slope) and b (y-intercept) that suits that data

y = mx + b

Step 1: For each (x,y) calculate x2 and xy:

x y x2 xy
2 4 4 8
3 5 9 15
5 7 25 35
7 10 49 70
9 15 81 135

Step 2: Sum x, y, x2 and xy (gives us Σx, Σy, Σx2 and Σxy):

x y x2 xy
2 4 4 8
3 5 9 15
5 7 25 35
7 10 49 70
9 15 81 135
Σx: 26 Σy: 41 Σx2: 168 Σxy: 263

Also N (number of data values) = 5 

Step 3: Calculate Slope m:


m = (N Σ(xy) − Σx Σy) / N Σ(x2) − (Σx)2

=( 5 x 263 − 26 x 41) / (5 x 168 − 262)

= 1315 − 1066 / 840 − 676

= 249/164 = 1.5183...

Step 4: Calculate Intercept b:

b = Σy − m Σx/N

= 41 − 1.5183 x 26 / 5

= 0.3049...

Step 5: Assemble the equation of a line:

y = mx + b

y = 1.518x + 0.305

Let's see how it works out:

x y y = 1.518x + 0.305
2 4 3.34
3 5 4.86
5 7 7.89
7 10 10.93
9 15 13.97

Here are the (x,y) points and the line y = 1.518x + 0.305 on a graph:
Nice fit!

Sam hears the weather forecast which says "we expect 8 hours of sun tomorrow", so
he uses the above equation to estimate that he will sell

y = 1.518 x 8 + 0.305 = 12.45 Ice Creams

Sam makes fresh waffle cone mixture for 14 ice creams just in case. Yum.

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