Determine the SSE and the se for Problem 12.20. Comment on the size of se for this

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Determine the SSE and the se for Problem 12.20. Comment on the size of se for this regression model, which is used to predict the cost of milk.

In Problem 12.20

Cost of Milk Distance from Madison

(per gallon) (miles)

$2.64 .........1,245

2.31 ......... 425

2.45 .........1,346

2.52 ......... 973

2.19 ......... 255

2.55 ......... 865

2.40 .........1,080

2.37 ......... 296

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Business Statistics for Contemporary Decision Making

ISBN: 978-0470910184

6th Edition

Authors: Ken Black

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Question Posted: Mar 19, 2013 05:50 AM

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Determine the SSE and the se for Problem 12.20. Comment on the size of se for this

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y y 2 1024 0105 0222 0005 1129 0127 0506 0026 0996 0099 1076 01...View the full answer

Business Statistics for Contemporary Decision Making

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