# Question: Following are the size and price data for custom homes

Following are the size and price data for custom homes from Exercise 4.52.

a. Compute SST, SSR, and SSE, using Formula 4.2 on page 167.

b. Compute the coefficient of determination, r2.

c. Determine the percentage of variation in the observed values of the response variable explained by the regression, and interpret your answer.

d. State how useful the regression equation appears to be for making predictions.

a. Compute SST, SSR, and SSE, using Formula 4.2 on page 167.

b. Compute the coefficient of determination, r2.

c. Determine the percentage of variation in the observed values of the response variable explained by the regression, and interpret your answer.

d. State how useful the regression equation appears to be for making predictions.

**View Solution:**## Answer to relevant Questions

Following are the data on plant weight and quantity of volatile emissions from Exercise 4.53. a. Compute SST, SSR, and SSE, using Formula 4.2 on page 167. b. Compute the coefficient of determination, r2. c. Determine the ...The data from Exercise 4.66 for percentage of gross domestic product (GDP) spent on health care and life expectancy, in years, for selected countries are on the WeissStats CD. Do the required parts separately for each ...Refer to Problem 14. a. Determine SST, SSR, and SSE by using the computing formulas. b. Obtain the coefficient of determination. c. Obtain the percentage of the total variation in the observed graduation rates that is ...Suppose that P(Z > 1.96) = 0.025. Find P(Z ≤ 1.96). The random variable X is the number of girls of four children born to a couple that is equally likely to have either a boy or a girl. Its probability distribution is as follows. a. Find and interpret the mean of the random ...Post your question