Refer to Exercise 5 (consumer confidence), where the least squares line is y = 162 - 12x.
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Refer to Exercise 5 (consumer confidence), where the least squares line is ŷ = 162 - 12x.
a. Report the SSE and sy.x values.
b. Tell what these measures represent.
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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