The following regression equation was computed from a sample of 20 observations: y = 15 5x

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The following regression equation was computed from a sample of 20 observations:

yˆ = 15 – 5x

SSE was found to be 100 and SS total, 400.

a. Determine the standard error of estimate.

b. Determine the coefficient of determination.

c. Determine the correlation coefficient. (Caution: Watch the sign!)

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Statistical Techniques in Business and Economics

ISBN: 978-0078020520

16th edition

Authors: Douglas Lind, William Marchal

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Question Posted: Dec 10, 2014 07:59 AM

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The following regression equation was computed from a sample of 20 observations: y = 15 5x

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The standard error is very useful tool which measures the ac...View the full answer

Statistical Techniques in Business and Economics

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