Question 2In Exercises 14.38 through 14.43, we give the total variation, the unexplained variation (SSE), and theleast squares point estimate b, that are obtained when simple linear regression is used to analyze the dataset related to each of six previously discussed case studies. Using the information given in each exercise,find the explained variation, the simple coefficient of determination (r²), and the simple correlationcoefficient (r). Interpret r².14.38 THE NATURAL GAS CONSUMPTION CASE DS GasCon1Total variation = 25.549; SSE = 2.568; b₁ = .1279214.39 THE STARTING SALARY CASE DS StartSalTotal variation = 61.380; SSE = 1.438; b₁ = 5.706614.40 THE SERVICE TIME CASE OS SrvcTimeTotal variation = 20,110.5455; SSE = 191.7017; b₁ = 24.602214.41THE FRESH DETERGENT CASE OS FreshTotal variation = 13.459; SSE = 2.806; b₁ = 2.665214.42 THE DIRECT LABOR COST CASE DS DirLabTotal variation = 1,025,339.6667; SSE = 746.7624; b₁ = 10.146314.43 THE REAL ESTATE SALES PRICE CASE DS RealEstTotal variation = 7447.5; SSE = 896.8; b₁ = 5.7003

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Answered: Question 2 In Exercises 14.38 through…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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