4 Homework a. Compute SST, SSR, and SSE (to 3 decimals). The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by Consumer Reports (Consumer Reports website). The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 23.2642 +0.31742, where = price ($) and y = overall score. Brand Bose SST == SSR= Scullcandy Koss Phillips/O'Neill Denon JVC SSE= b. Compute the coefficient of determination 2 (to 3 decimals). 7-2 Price ($) 170 160 85 70 60 55 The least squares line - Select your answer - - Select your answer c. What is the value of the sample correlation coefficient (to 3 decimals)? Txy == Score 75 7 1 % 40 25 72 61 56 26 Comment on the goodness of fit. Hint: If r² is greater than 0.70, the estimated regression equation provides a good fit. Q Search this course X Check My Work a good fit as a good fit as - Select your answer proportion of the variability in y has been explained by the least squares line. Check My Work

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CENGAGE MINDTAP
pter14_Homework
2.
3.
4.
5.
6.
a. Compute SST, SSR, and SSE (to 3 decimals).
SST =
SSR =
The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by Consumer Reports (Consumer Reports website). The
overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for
these data is ŷ = 23.2642 +0.3174x, where x = price ($) and y = overall score.
Txy
82891778elSBN=9780357131596&id=1706455609&snapshotld=3320351&
SSE
b. Compute the coefficient of determination 2 (to 3 decimals).
g2
=
0 Icon Key
Search
Brand
Bose
Scullcandy
Koss
Phillips/O'Neill
Denon
JVC
Comment on the goodness of fit. Hint: If r2 is greater than 0.70, the estimated regression equation provides a good fit.
The least squares line - Select your answer
a good fit as - Select your answer proportion of the variability in y has been explained by the least squares line.
c. What is the value of the sample correlation coefficient (to 3 decimals)?
LEGION
Price ($)
170
160
85
70
60
55
Live
Score
75
72
61
56
40
26
W
2 ✰ ✰
Q Search this course
0 x
O
Check My Work
Check My Work
<
?
X
G
11:42 AM
4/19/2023
A-Z
600
www
A+
Office
Transcribed Image Text:CENGAGE MINDTAP pter14_Homework 2. 3. 4. 5. 6. a. Compute SST, SSR, and SSE (to 3 decimals). SST = SSR = The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by Consumer Reports (Consumer Reports website). The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 23.2642 +0.3174x, where x = price ($) and y = overall score. Txy 82891778elSBN=9780357131596&id=1706455609&snapshotld=3320351& SSE b. Compute the coefficient of determination 2 (to 3 decimals). g2 = 0 Icon Key Search Brand Bose Scullcandy Koss Phillips/O'Neill Denon JVC Comment on the goodness of fit. Hint: If r2 is greater than 0.70, the estimated regression equation provides a good fit. The least squares line - Select your answer a good fit as - Select your answer proportion of the variability in y has been explained by the least squares line. c. What is the value of the sample correlation coefficient (to 3 decimals)? LEGION Price ($) 170 160 85 70 60 55 Live Score 75 72 61 56 40 26 W 2 ✰ ✰ Q Search this course 0 x O Check My Work Check My Work < ? X G 11:42 AM 4/19/2023 A-Z 600 www A+ Office
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