Question: Given are data for two variables, x and y. a. Develop an estimated regression equation for these data. b. Compute the residuals. c. Develop a

Given are data for two variables, x and y.

x 6 6 Yi y 6 6 11 8 15 12 18

a. Develop an estimated regression equation for these data.
b. Compute the residuals.
c. Develop a plot of the residuals against the independent variable x. Do the assumptions about the error terms seem to be satisfied?
d. Compute the standardized residuals.
e. Develop a plot of the standardized residuals against Ŷ. What conclusions can you draw from this plot?

20 20 30

x 6 6 Yi y 6 6 11 8 15 12 18 20 20 30

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a b c With only 5 observations it is difficult to determine if the assumptions are satisfied However ... View full answer

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