Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall

The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is

= 21.993311 + 0.320067x,

where x = price ($) and y = overall score.

Brand Price ($) Score
A 180 74
B 150 71
C 95 61
D 70 56
E 70 38
F 35 24

(a)

Compute SST, SSR, and SSE. (Round your answers to three decimal places.)

SST=

SSR=

SSE=

(b)

Compute the coefficient of determination

r2.= ?

(Round your answer to three decimal places.)

Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)

The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line.The least squares line did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line. The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line.The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line.

(c)

What is the value of the sample correlation coefficient? (Round your answer to three decimal places.)

?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Authors: James Stewart

7th edition

538497904, 978-0538497909

More Books

Students also viewed these Mathematics questions

Question

How to Construct a Relative Frequency Histogram

Answered: 1 week ago