SSR = SSE D. Compute the coefficient of d Comment on the guodness of The least squares line Select c. What is the value of the sa

MATLAB: An Introduction with Applications
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Chapter1: Starting With Matlab
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The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by Consumer Reports (Consumer Reports website). The overall score is based on sound guality and effectiveness of ambient noise reduction.
Scores range from 0 (lowest) to 100 (highest). The estimated regression equation fothese data is ý27.8615 + 0.2714, where z- price (8) and y- orerall score.
Brand
Price (S)
Score
Bose
180
75
Scullcandy
160
71
Koss
85
62
Phillips/O'Neill
70
56
Denon
70
30
JVC
35
36
a. Compute SST, SSR, and SSE (to 3 decimals).
SST =
SSR =
SSE =
b. Compute the coefficient of determination (to 3 decimals).
Comment on the goodness of fit. Hint: If is greater than 0.70, the estimated regression equation provides a good fit.
The least squares line-Select your answer-
a good fit as- Select your answer
V proportion of the variability fri y has been explained by the least squares fine.
c. What is the value of the sample correlation coufficient (to 3 decimals)?
Transcribed Image Text:Check My Work (4 remaining) The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by Consumer Reports (Consumer Reports website). The overall score is based on sound guality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation fothese data is ý27.8615 + 0.2714, where z- price (8) and y- orerall score. Brand Price (S) Score Bose 180 75 Scullcandy 160 71 Koss 85 62 Phillips/O'Neill 70 56 Denon 70 30 JVC 35 36 a. Compute SST, SSR, and SSE (to 3 decimals). SST = SSR = SSE = b. Compute the coefficient of determination (to 3 decimals). Comment on the goodness of fit. Hint: If 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 V proportion of the variability fri y has been explained by the least squares fine. c. What is the value of the sample correlation coufficient (to 3 decimals)?
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