Use the following data for parts (a) through (f). a. Determine the equation of the least squares
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Use the following data for parts (a) through (f).
a. Determine the equation of the least squares regression line to predict y by x.
b. Using the x values, solve for the predicted values of y and the residuals.
c. Solve for se.
d. Solve for r2.
e. Test the slope of the regression line. Use α = .01.
f. Comment on the results determined in parts (b) through (e), and make a statement about the fit of theline.
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Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
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