Equation of the estimated regression line


To determine whether the cash bonus paid by a company is related to annual pay, data were gathered for 10 account executives at Beta Financial Group who received cash bonuses in 2007. The data are shown in the table below.

Annual Pay = x Cash Bonus = y
70,609 11,225
58,487 6,238
104,561 14,194
43,922 4,188
82,613 11,863
116,250 13,671
76,751 7,758
68,513 20,760
137,000 55,000
94,469 34,368

The equation of the estimated regression line that relates the response (dependent) y-variable (cash bonus) to the predictor (independent) x-variable (annual pay) is

A. x y 4087 .0945 , 16 +-=

B. x y 945 , 164087.0 -=

C. x y 4087 .0945 , 16 +=

D. x y 4087 .0945 , 16 --=

E. none of the above

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Basic Statistics: Equation of the estimated regression line
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