2. (2) Answer each of the following:a) Suppose that a simple regression has quantities N=24, SST = 3524.6, and SSR = 2037.9. Find R.b) Suppose that a simple regression has quantities N= 30, SST = 1926.3, and R =0.54. Find ở.c) Suppose that a simple regression has quantities SST = 8465, and SSE= 504.2. Find R.!3!

a) R2 = SSRSST =2037.93524.6=0.578 Therefore, R2 = 0.578 b) SSE = (1-R2)×SST = (1-0.54)*1926.3 =…

2. (2) Answer each of the following: a) Suppose that a simple regression has quantities N=24, SST=3524.6, and SSR = 2037.9. Find R. %3D b) Suppose that a simple regression has quantities N=30, SST = 1926.3, and R =0.54. Find ở. c) Suppose that a simple regression has quantities SST = 8465, and SSE = 504.2. Find R. %3D

2. (2) Answer each of the following: a) Suppose that a simple regression has quantities N=24, SST=3524.6, and SSR = 2037.9. Find R. %3D b) Suppose that a simple regression has quantities N=30, SST = 1926.3, and R =0.54. Find ở. c) Suppose that a simple regression has quantities SST = 8465, and SSE = 504.2. Find R. %3D

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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