QUESTION 31
Exhibit 6 (Questions 29-31)
The following information regarding a dependent variable (Y) and an
independent variable (X) is provided.
Y X
4 2
6 3
8 4
8 5
11 6
Also given are SSE=1.6 and SST=27.2.
Refer to Exhibit 6. What is the standard error of estimate?
A. 0.831
B. 0.657
C. 0.912
D. 0.730
For the given data using Regression in Excel we get output as
So from the above output
Answer : Option ( D )
standard error of estimate = 0.730
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