The Least Squares Point Estimates

What to look for, example from our book: 

Bruce L. Bowerman, and Richard T. O'Connell, From Miami University, Business Statistics in Practice, 3rd, McGraw-Hill Irwin, Example 12:1.

Step 1: Start with data y and x from research.

Step 2: Calculate Needed Information

 

 

Slope b1

y-Intercept b0