1. **State the problem:** We need to find the regression line equation $y = mx + b$ based on the given data points $(x, y)$.
2. **Formula for regression line:** The slope $m$ and intercept $b$ are given by:
$$m = \frac{n\sum xy - \sum x \sum y}{n\sum x^2 - (\sum x)^2}$$
$$b = \frac{\sum y - m \sum x}{n}$$
where $n$ is the number of data points.
3. **Calculate sums:**
- $n = 15$
- $\sum x = 2 + 3 + \cdots + 16 = 135$
- $\sum y = 35.62 + 35.39 + \cdots + 2.8 = 311.25$
- $\sum x^2 = 2^2 + 3^2 + \cdots + 16^2 = 1535$
- $\sum xy = 2\times35.62 + 3\times35.39 + \cdots + 16\times2.8 = 2383.15$
4. **Calculate slope $m$:**
$$m = \frac{15 \times 2383.15 - 135 \times 311.25}{15 \times 1535 - 135^2} = \frac{35747.25 - 42018.75}{23025 - 18225} = \frac{-5271.5}{4800}$$
$$m = -1.10$$
5. **Calculate intercept $b$:**
$$b = \frac{311.25 - (-1.10) \times 135}{15} = \frac{311.25 + 148.5}{15} = \frac{459.75}{15}$$
$$b = 30.65$$
6. **Final regression line:**
$$y = -1.10x + 30.65$$
This line best fits the data with slope $-1.10$ and intercept $30.65$.
Regression Line 29E600
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