Total variation = 13.459; SSE = 2.806; b1 = 2.6652
Answer to relevant QuestionsTotal variation = 20,110.5455; SSE = 191.7017; b1 = 24.6022. Enterprise Industries produces Fresh, a brand of liquid laundry detergent. In order to study the relationship between price and demand for the large bottle of Fresh, the company has gathered data concerning demand for Fresh ...The residuals given by the service time prediction equation y-bar = 11.4641 + 24.6022x are listed in Table 13.7(a). a. In this exercise we construct a normal plot of these residuals. To construct this plot, we must first ...When a least squares line is fit to the 8 observations in the natural gas consumption data, we obtain SSE = 2.568. Calculate s2 and s. Use the MINITAB output in Figure (c) to do (1) through (6) for each of β0, β1, β2, and β3.
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