Using the daily high and low temperature readings at Chicago's O'Hare International Airport for an entire year

Globokim8 2021-09-24 Answered
Using the daily high and low temperature readings at Chicago's O'Hare International Airport for an entire year, a meteorologist made a scatterplot relating y = high temperature to x = low temperature, both in degrees Fahrenheit. After verifying that the conditions for the regression model were met, the meteorologist calculated the equation of the population regression line to be μy=16.6+1.02x with σ=6.6+∘F. If the meteorologist used a random sample of 10 days to calculate the regression line instead of using all the days in the year, would the slope of the sample regression line be exactly 1.02? Explain your answer.

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Expert Answer

yagombyeR
Answered 2021-09-25 Author has 13920 answers
No, because the slope of the population regression line is 1.02 and we expect the slope of the sample regression line to be close 1.02 (but not exactly 1.02) as there is some sampling variability in a sample.
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