Question: Instructions: Use the interactive tool as directed to answer the questions below. Regression In. GRAPH SETTINGS Reset Show y - y Show residuals y -


Instructions: Use the interactive tool as directed to answer the questions below. Regression In. GRAPH SETTINGS Reset Show y - y Show residuals y - y Choose a Dataset 1 to 100) 5 Intercept 15 [-6 to 15) 1.5 12 .6 15 9 Slope (-3 to 3) 0.0 3 3 3 0 CALCULATIONS -3 Sample Size 21 -6 Sum of Squares, 121.82 2 4 6 8 10 12 14 16 Total Sum of Squared 121.82 Residuals - Proposed Regression Line - -SST Componentsb. Your goal with this tool is to find the "line of best fit" that minimizes the "sum of squared residuals." This "best" line will always go through the point (@, y) . the sample means of the x and y variables. The value of y is the intercept of the initial blue line. Estimate, by inspection, the value of I . Note that this value is not necessarily the middle value shown on the x-axis. (Report one decimal place.) Now propose a line with an intercept of 4.7 that also goes through the point (@, y) - (Report one decimal place.)
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