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Thanks Have a great day The following data published by the U.S. Small Business Administration, Office of Advocacy, are pairs of the number of business

Thanks Have a great day

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The following data published by the U.S. Small Business Administration, Office of Advocacy, are pairs of the number of business bankruptcies (1000s) and the number of firm births (10,000s) for a six-year period. Solve for the standard error of the estimate (by using the predicted values of y and the residuals) and comment on it. Firm Births Business Bankruptcies (10,000) x (1,000) y 58.1 34.3 55.4 35.0 57.0 38.5 58.5 40.1 57.4 35.5 58.0 37.9 *( Round your answer to 4 decimal places.) **(Round your answer to the nearest integer.) ***(Round your answer to 1 decimal place.) 2.309 Se X x X 2.79 * *% of the time. In this particular problem, 2/6 v 31.04 This standard error of the estimate indicates that the regression model is about or * * *% of the residuals are within this standard error of the estimate

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