The Consumer Price Index (CPI) and the cost of subway fare from Table 10-1 in the Chapter

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The Consumer Price Index (CPI) and the cost of subway fare from Table 10-1 in the Chapter Problem are listed below.

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Find the (a) explained variation, (b) unexplained variation, (c) total variation, (d) coefficient of determination, and (e) standard error of estimate se. In each case, there is sufficient evidence to support a claim of a linear correlation so that it is reasonable to use the regression equation when making predictions.

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Elementary Statistics

ISBN: 9780321500243

11th Edition

Authors: Mario F. Triola

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