Question: Consider the output of a regression using one explanatory variable on (n=3) observations. The residuals and leverages are: Compute the PRESS statistic. i 1 2
Consider the output of a regression using one explanatory variable on \(n=3\) observations. The residuals and leverages are:

Compute the PRESS statistic.
i 1 2 3 Residuals ei Leverages hi 3.181 -6.362 3.181 0.8333 0.3333 0.8333
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PRESSPredicted Residual Sum of Squares FORMULA OF PRESS PRESS i n ... View full answer
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