The Federal Reserve uses linear regressions to try to establish a link between the unemployment rate (x) and monthly home sales in the 12th District (y). The following data are available: Relationships between unemployment rates and home sales Unemployment rate, x Home Sales, y 11 150 13 140 15 100 17 110 The slope term (b) in the estimated regression equation turns out to be -8. The intercept term (a) is 237. Explained variation (SSR) here would be _______.
The Federal Reserve uses linear regressions to try to establish a link between the unemployment rate (x) and monthly home sales in the 12th District (y). The following data are available: Relationships between unemployment rates and home sales Unemployment rate, x Home Sales, y 11 150 13 140 15 100 17 110 The slope term (b) in the estimated regression equation turns out to be -8. The intercept term (a) is 237. Explained variation (SSR) here would be _______.
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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The Federal Reserve uses linear regressions to try to establish a link between the unemployment rate (x) and monthly home sales in the 12th District (y). The following data are available:
Relationships between unemployment rates and home sales
|
Unemployment rate, x |
Home Sales, y |
|---|---|
|
11 |
150 |
|
13 |
140 |
|
15 |
100 |
|
17 |
110 |
The slope term (b) in the estimated regression equation turns out to be -8. The intercept term (a) is 237. Explained variation (SSR) here would be _______.
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