In: Statistics and Probability
The following data show the brand, price , and the overall score for stereo headphones that were tested by Consumer Reports. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from (lowest) to (highest). The estimated regression equation for these data is , where and .
Round your answers to three decimal places. a. Compute SST, SSR, SSE and .
b. Compute the coefficient of determination . r^2= c. What is the value of the sample correlation coefficient? |
The statistical software output for this problem is :
(a)
SST = 1816
SSR = 1426.408
SSE = 389.592
(b)
r 2 = 0.785
(c)
sample correlation coefficient = 0.886