In: Statistics and Probability
Use the dataset and the predicted regression equation to calculate the expected value of Y for each known value of X. Then, use this information to calculate the standard error of estimate. Round all values to the nearest whole number.
Y’ = 2.5 + .75(ice cream sales)
| Ice Cream Sales | Observed Crime | Predicted Crime |
| 10 | 5 | |
| 20 | 20 | |
| 30 | 30 | |
| 20 | 25 | |
| 30 | 15 | |
| 10 | 10 |
Now, calculate the standard error. The standard error is
_________
PLEASE show your work so I can understand!