Question: 29. Consider the following data set. X 6 8 11 15 17 20 25 30 33 40 Y 20 23 32 38 40 44 39
29. Consider the following data set.
X 6 8 11 15 17 20 25 30 33 40 Y 20 23 32 38 40 44 39 32 26 24
(a) Fit these data to the following models:
Yi = β0 + β1Xi + εi, i= 1, . . . , 10 Yi = τ0 + τ1Xi + τ2X2 i + εi, i= 1, . . . , 10
(b) Perform residual analysis for both fits and conclude which is a better one.
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