Question: State the fitted regression equation. Do not show your work. Find the fitted regression coefficients using Excel, but use proper notation. Provide each fitted coefficient
State the fitted regression equation. Do not show your work. Find the fitted regression coefficients using Excel, but use proper notation. Provide each fitted coefficient to 4 decimal places. Remember, the proper notation is given in Module 5 Required Reading (have a look at page 123). You may type or write your answer below.
4) [4 marks] Using your answer from question 3, calculate the residual for the first observation. Show 1) the equation you use, 2) how you plug in, and 3) your final answer, rounded to the nearest 2 decimal places. Explain what this value means, in this context, in one sentence. You may either type your answer in Word or write it by hand and insert a legible photo below.
5) [1 mark] Calculate the correlation coefficient. Round your answer to the nearest 2 decimal places. Do not show your work. You may type or write your answer below.
Correlation coefficient: _______
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
