Answered step by step
Verified Expert Solution
Question
1 Approved Answer
- Sxx = x Tx)' n Syy = y (y) 72 = 2.7919 = 124,784,277.5 Sxy =xy- (x)() = 15,546.345 n x= Ex =
- Sxx = x Tx)' n Syy = y (y) 72 = 2.7919 = 124,784,277.5 Sxy =xy- (x)() = 15,546.345 n x= Ex = 0.779 n y = 2y = 3384.5 n r = 0.8329 Calculate the slope, b = Sxy, and interpret its meaning as it pertains to this problem. Sxx Calculate the intercept, a= - bx, and interpret its meaning as it pertains to this problem. The least-squares linear regression equation is = a + bx = Once a regression line has been found, the coefficient of determination provides a measure of how well the line describes the data. Calculate the coefficient of determination, R. Does the line fit the data well? (circle one) Very Good Good ("A") ("B") Satisfactory Poor ("C") Bad ("D") ("F") STAT 008 AFlores 09.21
Step by Step Solution
There are 3 Steps involved in it
Step: 1
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