Question

In: Statistics and Probability

Given are five observations for two variables, x and y. xi 1 2 3 4 5...

Given are five observations for two variables, x and y.

xi 1 2 3 4 5
yi 4 7 7 11 15



The estimated regression equation for these data is ŷ = 1 + 2.6x.

  1. Compute SSE, SST, and SSR using the following equations (to 1 decimal).


    SSE
    SST
    SSR

  2. Compute the coefficient of determination r2 (to 3 decimals).


    Does this least squares line provide a good fit?

  • Compute the sample correlation coefficient (to 4 decimals).

Solutions

Expert Solution

The statistical software output for this problem is :

SSE = 67.6

SST = 72.8

SSR = 5.2

coefficient of determination = 0.929

Good fit

sample correlation coefficient = 0.9636


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