The following regression equation was computed from a sample of 20 observations: y = 15 5x
Question:
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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The standard error is very useful toolwhich measures the accu...View the full answer
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Related Book For 
Statistical Techniques In Business And Economics
ISBN: 356
16th Edition
Authors: Douglas Lind, William Marchal
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