| x=11.9 | y=19.8 | SD(x)=5.30 | SD(y)=5.53 | a) Find the slope estimate, b1. Use technology or the formula below to find the slope. b1=rsysx Enter x,y Data in TI-84 under STAT > STAT > CALC > 8: LinReg(a+bx) b1=1.023 b) What does b1 mean, in this context? The slope tells how the response variable hanges for a one unit step in the predictor Thus, an additional; $1,023 of sales associated with each additional sales…
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