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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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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