13. In exercise 3, the following estimated regression equation based on 30 observations was presented. The values

Question:

13. In exercise 3, the following estimated regression equation based on 30 observations was presented.

The values of SST and SSR are 1805 and 1760, respectively.

a. Compute R2

.

b. Compute .

c. Comment on the goodness of fit.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Statistics For Business And Economics

ISBN: 9780324568608

5th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams

Question Posted: