Consider the following estimated regression equation, based on 10 observations. ŷ = 29.1270 +0.5906x1 +0.4980x2 The values of SST and SSR are 6,724.125 and 6,216.375, respectively. a. Find SSE (to 2 decimals). b. Compute R² (to 3 decimals). c. Compute R (to 3 decimals).

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Consider the following estimated regression equation, based on 10 observations.
ŷ = 29.1270 +0.5906x1 +0.4980x2
The values of SST and SSR are 6,724.125 and 6,216.375, respectively.
a. Find SSE (to 2 decimals).
b. Compute R² (to 3 decimals).
c. Compute R (to 3 decimals).
d. Comment on the goodness of fit.
The estimated regression equation - Select your answer -
V
Transcribed Image Text:Consider the following estimated regression equation, based on 10 observations. ŷ = 29.1270 +0.5906x1 +0.4980x2 The values of SST and SSR are 6,724.125 and 6,216.375, respectively. a. Find SSE (to 2 decimals). b. Compute R² (to 3 decimals). c. Compute R (to 3 decimals). d. Comment on the goodness of fit. The estimated regression equation - Select your answer - V
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