12.104 Standard error of slope The formula for the standard error of the sample slope b is...
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12.104 Standard error of slope The formula for the standard error of the sample slope b is se = s>Σ1x - x22, where s is the residual standard deviation.
a. Show that the smaller the value of s, the more precisely b estimates b.
b. Explain why a small s occurs when the data points show little variability about the prediction equation.
c. Explain why the standard error of b decreases as the sample size increases and when the x values display more variability.
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Related Book For
Statistics The Art And Science Of Learning From Data
ISBN: 9781292164878
4th Global Edition
Authors: Alan Agresti, Christine A. Franklin, Bernhard Klingenberg
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