Suppose you fit a least squares line to 26 data points and the calculated value of SSE
Question:
a. Find s2, the estimator of σ2 (the variance of the random error term ε).
b. What is the largest deviation that you might expect between any one of the 26 points and the least squares line?
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a s 2 SSE n 2 834 26 2 3475 ...View the full answer
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Related Book For 
Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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