Examine the relationship between the average utility bills for homes of a particular size (Y) and the
Question:
a. Use the given data to estimate a simple linear regression equation. Interpret the least squares line.
b. How well does the estimated regression equation fit the given data? How might you do a better job of explaining the variation of the average utility bills for homes of a certain size?
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Related Book For
Data Analysis And Decision Making
ISBN: 415
4th Edition
Authors: Christian Albright, Wayne Winston, Christopher Zappe
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