The sign of the correlation coefficient is directly related to the sign of the slope of our least squares line. This line of best fit is defined as. With the rmr data set plot metabolic rate versus body weight.
The excel formula shows a one-tailed test with alpha005 but surely this is a two-tailed test and the t-critical value formula should be TINV0025E11.
Recall that a simple linear regression will produce the line of best fit which is the equation for the line that best fits the data on our scatterplot. The excel formula shows a one-tailed test with alpha005 but surely this is a two-tailed test and the t-critical value formula should be TINV0025E11. Use the regression equation to predict its retail value. The equation for the line in Figure 2 is.