Question: Suppose you fit a least squares line to 12 data points and the calculated value of SSE is .429. a. Find s2, the estimator of

Suppose you fit a least squares line to 12 data points and the calculated value of SSE is .429.
a. Find s2, the estimator of σ2 (the variance of the random error term ε).
b. Find s, the estimate of σ.
c. What is the largest deviation that you might expect between any one of the 12 points and the least squares line?

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