Question: Refer to Exercise 2 (R & D budget), where the least squares line is y = 3.5 1.0x. a. Report the SSE and s y.

Refer to Exercise 2 (R & D budget), where the least squares line is ŷ = 3.5 1.0x. 
a. Report the SSE and s y. x values.
b. Tell what these measures represent.

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