raised and spent (both in millions of dollars) by all congressional campaigns for 8 recent 2-year periods are shown in the table. The equation of the regression line is y = 0.939x + 24.918. Find the standard error of estimate s, and interpret the result. Money raised, x Money spent, y 466.2 436.7 Find the standard error of estimate s, and interpret the result. Se= (Round to three decimal places as needed.) 669.8 678.3 726.7 738.2 ... 797.4 761.5 794.5 749.5 1046.6 1020.1 968.8 942.4 1223.2 ID 1154.5

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The money raised and spent (both in millions of dollars) by all congressional campaigns for 8 recent 2-year periods are shown in the table. The equation of the regression line is
y=0.939x+24.918. Find the standard error of estimate s, and interpret the result.
Money raised, x
Money spent, y
466.2
436.7
Find the standard error of estimate s, and interpret the result.
Se =
(Round to three decimal places as needed.)
669.8
678.3
726.7
738.2
***
797.4
761.5
794.5
749.5
1046.6
1020.1
968.8
942.4
1223.2 D
1154.5
Transcribed Image Text:The money raised and spent (both in millions of dollars) by all congressional campaigns for 8 recent 2-year periods are shown in the table. The equation of the regression line is y=0.939x+24.918. Find the standard error of estimate s, and interpret the result. Money raised, x Money spent, y 466.2 436.7 Find the standard error of estimate s, and interpret the result. Se = (Round to three decimal places as needed.) 669.8 678.3 726.7 738.2 *** 797.4 761.5 794.5 749.5 1046.6 1020.1 968.8 942.4 1223.2 D 1154.5
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