Question
The following estimated regression equation based on 10 observations was presented. = 29.1250 + 0.5106 x 1 + 0.4480 x 2 The values of SST
The following estimated regression equation based on 10 observations was presented.
= 29.1250 + 0.5106x1 + 0.4480x2
The values of SST and SSR are 6,714.125 and 6,222.375, respectively.
(a)
Find SSE.
SSE =
(b)
Compute R2. (Round your answer to three decimal places.)
R2 =
(c)
Compute
Ra2.
(Round your answer to three decimal places.)
Ra2 =
(d)
Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)
The estimated regression equation did not provide a good fit as a large proportion of the variability in y has been explained by the estimated regression equation. The estimated regression equation did not provide a good fit as a small proportion of the variability in y has been explained by the estimated regression equation. The estimated regression equation provided a good fit as a large proportion of the variability in y has been explained by the estimated regression equation. The estimated regression equation provided a good fit as a small proportion of the variability in y has been explained by the estimated regression equation.
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