Use the following data for parts (a) through (g). a. Determine the equation of the simple regression
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Use the following data for parts (a) through (g).
a. Determine the equation of the simple regression line to predict y from x.
b. Using the x values, solve for the predicted values of y and the residuals.
c. Solve for SSE.
d. Calculate the standard error of the estimate.
e. Determine the coefficient of determination.
f. Test the slope of the regression line.Assume What do you conclude about the slope?
g. Comment on parts (d) and(e).
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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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