Question: Consider the data. x i 1 2 3 4 5 y i 3 7 5 11 14 The estimated regression equation for these data is

Consider the data.

xi 1 2 3 4 5

yi 3 7 5 11 14

The estimated regression equation for these data is=0.20+2.60x.

(a)

Compute SSE, SST, and SSR using equationsSSE =(yii)2,

SST =(yiy)2,

andSSR =(iy)2.

SSE=

SST=

SSR=

(b)

Compute the coefficient of determinationr2.

r2=

Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)

  • The least squares line did not provide a good fit as a large proportion of the variability inyhas been explained by the least squares line.
  • The least squares line provided a good fit as a large proportion of the variability inyhas been explained by the least squares line.
  • The least squares line did not provide a good fit as a small proportion of the variability inyhas been explained by the least squares line.
  • The least squares line provided a good fit as a small proportion of the variability inyhas been explained by the least squares line.

(c)

Compute the sample correlation coefficient. (Round your answer to three decimal places.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!