As with the previous problems, suppose an analyst nas the rollowing data on an explanatory variable (X) and a dependent variable (Y): Y 1 2 14 The analyst now wishes to determine whether this is a good or bad model. To do this, she will use an F-test to test the slope parameter (assume a 0.05 level of significance). You do not need to show your work for this problem, but you do need to report the following: a. The value for the total sum of squares (SST). b. The value for the error sum of squares (SSE) c. The value for the regression sum of squares (SSR). d. The value for the F test statistic as well as the critical value for the test.

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
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As with the previous problems, suppose an analyst nas the rollowing data on an
explanatory variable (X) and a dependent variable (Y):
Y
1
2
14
The analyst now wishes to determine whether this is a good or bad model. To do this,
she will use an F-test to test the slope parameter (assume a 0.05 level of
significance). You do not need to show your work for this problem, but you do need
to report the following:
a. The value for the total sum of squares (SST).
b. The value for the error sum of squares (SSE)
c. The value for the regression sum of squares (SSR).
d. The value for the F test statistic as well as the critical value for the test.
Transcribed Image Text:As with the previous problems, suppose an analyst nas the rollowing data on an explanatory variable (X) and a dependent variable (Y): Y 1 2 14 The analyst now wishes to determine whether this is a good or bad model. To do this, she will use an F-test to test the slope parameter (assume a 0.05 level of significance). You do not need to show your work for this problem, but you do need to report the following: a. The value for the total sum of squares (SST). b. The value for the error sum of squares (SSE) c. The value for the regression sum of squares (SSR). d. The value for the F test statistic as well as the critical value for the test.
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