Question

Consider the data. xi 1 2 3 4 5 yi 4 7 6 10 13 The...

Consider the data.

xi

1 2 3 4 5

yi

4 7 6 10 13

The estimated regression equation for these data is

ŷ = 1.70 + 2.10x.

(a) Compute SSE, SST, and SSR using equations SSE = Σ(yiŷi)2, SST = Σ(yiy)2, and SSR = Σ(ŷiy)2.

SSE=

SST=

SSR=

(b) Compute the coefficient of determination r2.

r2=

Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)

The least squares line did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line.

The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line.    

The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line.

The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line.

(c) Compute the sample correlation coefficient. (Round your answer to three decimal places.)

Homework Answers

Answer #1

Ans:

x y y' (y-y')^2 (y-8)^2 (y'-8)^2
1 4 3.8 0.04 16 17.64
2 7 5.9 1.21 1 4.41
3 6 8 4 4 0
4 10 10.1 0.01 4 4.41
5 13 12.2 0.64 25 17.64
Total 40 5.9 50 44.1
y-bar= 8 SSE SST SSR

a)

SSE=5.9

SST=50

SSR=44.1

b)r^2=SSR/SST=44.1/50=0.882

The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line.

c)r=sqrt(0.882)=0.939

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Consider the data. xi 1 2 3 4 5 yi 3 7 4 10 12 The...
Consider the data. xi 1 2 3 4 5 yi 3 7 4 10 12 The estimated regression equation for these data is ŷ = 0.90 + 2.10x. (a)Compute SSE, SST, and SSR using equations SSE = Σ(yi − ŷi)2,SST = Σ(yi − y)2,and SSR = Σ(ŷi − y)2. SSE= SST= SSR= (b)Compute the coefficient of determination r2. r2= Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)...
Consider the data. xi 1 2 3 4 5 yi 3 7 4 10 12 The...
Consider the data. xi 1 2 3 4 5 yi 3 7 4 10 12 The estimated regression equation for these data is ŷ = 0.90 + 2.10x. (a) Compute SSE, SST, and SSR using equations SSE = Σ(yi − ŷi)2, SST = Σ(yi − y)2, and SSR = Σ(ŷi − y)2. SSE=SST=SSR= (b) Compute the coefficient of determination r2. r2 = Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is...
Consider the data. xi 1 2 3 4 5 yi 3 7 5 11 14 The...
Consider the data. xi 1 2 3 4 5 yi 3 7 5 11 14 The estimated regression equation for these data is ŷ = 0.20 + 2.60x. (a) Compute SSE, SST, and SSR using equations SSE = Σ(yi − ŷi)2, SST = Σ(yi − y)2, and SSR = Σ(ŷi − y)2. SSE = SST = SSR = (b) Compute the coefficient of determination r2. r2 = Comment on the goodness of fit. (For purposes of this exercise, consider a...
Consider the data. xi 3 12 6 20 14 yi 65 35 50 15 20 The...
Consider the data. xi 3 12 6 20 14 yi 65 35 50 15 20 The estimated regression equation for these data is ŷ = 70 − 3x. (a) Compute SSE, SST, and SSR using equations SSE = Σ(yi − ŷi)2, SST = Σ(yi − y)2, and SSR = Σ(ŷi − y)2. SSE = SST = SSR = (b) Compute the coefficient of determination r2. (Round your answer to three decimal places.) r2 = Comment on the goodness of fit....
A sales manager collected the following data on x = years of experience and y =...
A sales manager collected the following data on x = years of experience and y = annual sales ($1,000s). The estimated regression equation for these data is ŷ = 82 + 4x. Salesperson Years of Experience Annual Sales ($1,000s) 1 1 80 2 3 97 3 4 102 4 4 107 5 6 103 6 8 101 7 10 119 8 10 128 9 11 127 10 13 136 (a) Compute SST, SSR, and SSE. SST = SSR = SSE...
The following data show the brand, price ($), and the overall score for six stereo headphones...
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 25.465 + 0.305x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 78 B 150   69 C 95...
The following data show the brand, price ($), and the overall score for six stereo headphones...
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 22.324 + 0.327x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 78 B 150 69 C 95...
The following data show the brand, price ($), and the overall score for six stereo headphones...
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 24.331 + 0.307x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 74 B 150 71 C 95...
The following data show the brand, price ($), and the overall score for six stereo headphones...
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 21.656 + 0.333x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 76 B 150 73 C 95...
The following data show the brand, price ($), and the overall score for six stereo headphones...
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 23.127 + 0.319x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 74 B 150 73 C 95...