This figure shows an estimated linear equation along with its 95% prediction intervals. Assume that X counts
Question:
(a) Visually estimate the intercept b0 and the slope b1.
(b) Is se (b1) less than 3, about 3, or more than 3?
(c) Is the value of r2 approximately equal to 0.2, 0.5, or 0.8?
(d) Estimate se, the standard deviation of the residuals.
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1,500 1,000 5001 :!.. .. -500 -1,000 -1,500 -2,000 0 50 100 150 200 250 300 350 400 450
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a b 0 950 and b 1 5 You can estimate the intercept from the y axis For the slope at x 0 the height ...View the full answer
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
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