Refer to Exercise 5 (consumer confidence), where the least squares line is y = 162 - 12x.

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Refer to Exercise 5 (consumer confidence), where the least squares line is ŷ = 162 - 12x.

a. Report the SSE and sy.x values.

b. Tell what these measures represent.

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Understanding Business Statistics

ISBN: 978-1118145258

1st edition

Authors: Stacey Jones, Tim Bergquist, Ned Freed

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Question Posted: Jul 16, 2015 11:41 PM

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Refer to Exercise 5 (consumer confidence), where the least squares line is y = 162 - 12x.

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Using the estimated regression equation 16...View the full answer

Understanding Business Statistics

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