Question: Determine the equation of the regression line for the following
Determine the equation of the regression line for the following data, and compute theresiduals.
Answer to relevant QuestionsSolve for the predicted values of y and the residuals for the data in Problem 12.6. The data are provided hereagain:The equation of a regression line isAnd the data are as follows.Solve for the residuals and graph a residual plot. Do these data seem to violate any of the assumptions ofregression?Determine the SSE and the se for Problem 12.8.Think about the variables being analyzed by regression in this problem and comment on the value of se.Test the slope of the regression line determined in Problem 12.7. Use α =.01.Determine the equation of the trend line for the data shown below on U.S. exports of fertilizers to Indonesia over a five-year period provided by the U.S. Census Bureau. Using the trend line equation, forecast the value for ...
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