The data from exercise 2 follow. The estimated regression equation for these data is y = 68
Question:
The estimated regression equation for these data is y = 68 3x.
a. Compute SSE, SST, and SSR.
b. Compute the coefficient of determination r2. Comment on the goodness of fit.
c. Compute the sample correlationcoefficient.
Transcribed Image Text:
x 3 12 6 20 14 y 55 40 55 10 15
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Related Book For
Essentials Of Statistics For Business And Economics
ISBN: 9781305081598
7th Edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
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