In: Statistics and Probability
The following table compares the completion percentage and interception percentage of 55 NFL quarterbacks.
Completion Percentage | 5858 | 5959 | 6161 | 6464 | 6565 |
---|---|---|---|---|---|
Interception Percentage | 4.54.5 | 44 | 3.53.5 | 3.53.5 | 3 |
Step 1 of 5 : Calculate the sum of squared errors (SSE). Use the values b0=14.2608 b 1 = − 0.1720 for the calculations. Round your answer to three decimal places
Obs. |
X |
Y |
X_i^2 |
Y_i^2 |
Xi⋅Yi |
1 |
55 |
4.2 |
3025 |
17.64 |
231 |
2 |
61 |
4 |
3721 |
16 |
244 |
3 |
61 |
3 |
3721 |
9 |
183 |
4 |
63 |
2.8 |
3969 |
7.84 |
176.4 |
5 |
63 |
2.6 |
3969 |
6.76 |
163.8 |
Sum = |
303 |
16.6 |
18405 |
57.24 |
998.2 |
The sum of squares obtained from the table above are:
The slope and y-intercept coefficients are computed using the following formulas:
Therefore, the regression equation is:
Now, we know that the total sum of squares is:
Also, the regression sum of squares is computed as follows:
Since we know that
then we can compute the sum of squared errors as follows:
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