The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is
ŷ = 23.528 + 0.315x,
where x = price ($) and y = overall score.
Brand | Price ($) | Score |
---|---|---|
A | 180 | 76 |
B | 150 | 71 |
C | 95 | 59 |
D | 70 | 56 |
E | 70 | 42 |
F | 35 | 26 |
(a)
Compute SST (Total Sum of Squares), SSR (Regression Sum of Squares), and SSE (Error Sum of Squares). (Round your answers to three decimal places.)
SST=
SSR=
SSE=
(b)
Compute the coefficient of determination
r2.
(Round your answer to three decimal places.)
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 provided 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 large 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 statistical software output for this problem is :
(a)
SST= 1724
SSR= 1480.738
SSE= 243.263
(b)
coefficient of determination = 0.859
.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.
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