Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Consider the data. x i 1 2 3 4 5 y i 2 8 6 10 14 QUESTIONS: (1) Compute the mean square error using
Consider the data.
xi | 1 | 2 | 3 | 4 | 5 |
---|---|---|---|---|---|
yi | 2 | 8 | 6 | 10 | 14 |
QUESTIONS:
(1) Compute the mean square error using equation
s2= MSE = (sse/(n-2))
(2) Compute the standard error of the estimate using equation
s= MSE=square(SSE/(N-2))
(3) Compute the estimated standard deviation of b1 using equation
sb1= s/square((xix)2)
(4)Use thettest to test the following hypotheses (= 0.05):
Find the value of the test statistic. (Round your answer to three decimal places.)
Find thep-value. (Round your answer to four decimal places.)p-value =
Step by Step Solution
There are 3 Steps involved in it
Step: 1
1 Mean square error The mean square error MSE is calculated as follows MSE SSE n 2 where SSE is the sum of squared errors n is the sample size In this ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started