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.)
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