A professor in the School of Business in a university

Chapter , Problem 7.14

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A professor in the School of Business in a university polled a dozen colleagues about the number of professional meetings they attended in the past five years (x) and the number of papers they submitted to refereed journals (y) during the same period. The summary data are given as follows: n = 12, x = 4, y = 12, n i=1 x2 i = 232, n i=1 xiyi = 318. Fit a simple linear regression model between x and y by finding out the estimates of intercept and slope. Comment on whether attending more professional meetings would result in publishing more papers.

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