Summation table У ху Item 1 20 2 y2 400 x2 40 Item 3 21 Item 4 35 Item 5 44 4 Item 2 21 5| 105 441 25 8 168 441 64 9 315 1225 81 9 396 1936 81 Sum 141 33|1024 4443 255 Step 1. Calculate the sum of squared errors (SSE). Use the values bo = 0.9572 and bị = 0.2001 for the calculations. Round your answer to three decimal places. Answer: Step 2. Calculate the estimated variance of errors, s. Round your answer to three decimal places. Answer: Step 3. Calculate the estimated variance of slope, s. Round your answer to three decimal places. Answer:
Summation table У ху Item 1 20 2 y2 400 x2 40 Item 3 21 Item 4 35 Item 5 44 4 Item 2 21 5| 105 441 25 8 168 441 64 9 315 1225 81 9 396 1936 81 Sum 141 33|1024 4443 255 Step 1. Calculate the sum of squared errors (SSE). Use the values bo = 0.9572 and bị = 0.2001 for the calculations. Round your answer to three decimal places. Answer: Step 2. Calculate the estimated variance of errors, s. Round your answer to three decimal places. Answer: Step 3. Calculate the estimated variance of slope, s. Round your answer to three decimal places. Answer:
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Topic Video
Question

Transcribed Image Text:Summation table
y
x2
ху
Item 1 20 2
y2
40
Item 2 21 5
Item 3 21
400
4
105 441 25
8.
168 441
64
315 1225 81
396 1936 81
Sum 141 33|1024|4443|255
Item 4 35 9
Item 5 44
9.
Step 1. Calculate the sum of squared errors (SSE). Use the values bo = 0.9572 and
b, = 0.2001 for the calculations. Round your answer to three decimal places.
Answer:
Step 2. Calculate the estimated variance of errors, s. Round your answer to three
decimal places.
Answer:
Step 3. Calculate the estimated variance of slope, s. Round your answer to three
decimal places.
Answer:
Step 4. Construct the 80% confidence interval for the slope. Round your answers to
three decimal places.
Answer: Lower endpoint:
Upper endpoint:

Transcribed Image Text:Step 4. Substitute the values you found in steps 1 and 2 into the equation for d
regression line to find the estimated linear model, According to this model, if the value
of the independent variable is increased by one unit, then find the change in the
dependent variable ŷ.
Answer:
Step 5. Find the estimated value of y when x = 2. Round your answer to three
decimal places.
y= botb,x
Answer:84.8
73.4+ S.7(2) :
73.4 +11.4
:84.8
Step 6. Find the value of the coefficient of determination. Round your answer to three
decimal places.
Answer:0.965
Consider the relationship between the number of bids an item on eBay received and the
item's selling price. The following is a sample of 5 items sold through an auction.
10.
Price in Dollars 20 21 21 35 44
9.
Number of Bids 2 5 8 9
111 of 135
MAT 106.04 Professor Felix
110 of 135
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman