A set of bivariate data \((X, Y)\) is summarised as follows.
\(n = 25\), \(\Sigma x = 9.975\), \(\Sigma y = 11.175\), \(\Sigma x^2 = 5.725\), \(\Sigma y^2 = 46.200\), \(\Sigma xy = 11.575\)
- Calculate the value of Pearson's product-moment correlation coefficient. [1]
- Calculate the equation of the regression line of \(y\) on \(x\). [2]
It is desired to know whether the regression line of \(y\) on \(x\) will provide a reliable estimate of \(y\) when \(x = 0.75\).
- State one reason for believing that the estimate will be reliable. [1]
- State what further information is needed in order to determine whether the estimate is reliable. [1]