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QUESTION 31 Exhibit 6 (Questions 29-31) The following information regarding a dependent variable (Y) and an...

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

Homework Answers

Answer #1

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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