The data from exercise 2 follow. The estimated regression equation for these data is y = 68

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The data from exercise 2 follow.

The estimated regression equation for these data is y = 68 €“ 3x.
a. Compute SSE, SST, and SSR.
b. Compute the coefficient of determination r2. Comment on the goodness of fit.
c. Compute the sample correlationcoefficient.

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Essentials Of Statistics For Business And Economics

ISBN: 9781305081598

7th Edition

Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam

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Question Posted: Feb 16, 2015 02:52 AM

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The data from exercise 2 follow. The estimated regression equation for these data is y = 68

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x 3 12 6 20 14 y 55 40 55 10 15

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a The estimated regression equation and the mean for the dependent variable are The sum of squares ...View the full answer

Essentials Of Statistics For Business And Economics

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