Determine the SSE and the se for Problem 12.7. Use the residuals computed in Problem 12.15 (for
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Determine the SSE and the se for Problem 12.7. Use the residuals computed in Problem 12.15 (for Problem 12.7) and determine how many of them are within ±1se and ±2se. How do these numbers compare with what the empirical rule says should occur if the error terms are normally distributed?
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SSE y 2 b 0 y b 1 xy 45154 1444144...View the full answer
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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