In: Statistics and Probability
Consider the data.
xi |
3 | 12 | 6 | 20 | 14 |
---|---|---|---|---|---|
yi |
60 | 35 | 55 | 15 | 15 |
The estimated regression equation for these data is
ŷ = 69 − 3x.
(a) :
Compute SSE, SST, and SSR using equations
SSE = Σ(yi − ŷi)2, SST = Σ(yi − y)2, and SSR = Σ(ŷi − y)2.
SSE=
SST=
SSR=
(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 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 small proportion of the variability in y has been explained by the least squares line.
-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 did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line.
(c)
Compute the sample correlation coefficient. (Round your answer to three decimal places.)
The statistical software output for this problem is :
SSE=200
SST= 1820
SSR= 1620
r2 = 0.890
-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.
(c)
sample correlation coefficient = -0.943