The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ŷ = 21.588629 + 0.334114x, where x = price ($) and y = overall score. Brand A B C D E F Price ($) 180 150 95 70 70 35 Score 78 71 59 58 40 24 (a) Compute SST, SSR, and SSE. (Round your answers to three decimal places.) SST = SSR = SSE = (b) Compute the coefficient of determination 2. (Round your answer to three decimal places.) 2=

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
(c) What is the value of the sample correlation coefficient? (Round your answer to three decimal places.)

[Input box for the answer]
Transcribed Image Text:(c) What is the value of the sample correlation coefficient? (Round your answer to three decimal places.) [Input box for the answer]
The data provided represents the brand, price in dollars, and overall score of six stereo headphones evaluated by a magazine. The overall score evaluates factors such as sound quality and effectiveness of ambient noise reduction, rated on a scale from 0 (lowest) to 100 (highest). The estimated regression equation for this dataset is given by:

\[ \hat{y} = 21.588629 + 0.334114x \]

where \( x \) represents the price in dollars, and \( \hat{y} \) is the overall score.

### Data Table:

| Brand | Price ($) | Score |
|-------|-----------|-------|
| A     | 180       | 78    |
| B     | 150       | 71    |
| C     | 95        | 59    |
| D     | 70        | 58    |
| E     | 70        | 40    |
| F     | 35        | 24    |

### Questions:

#### (a) Compute SST, SSR, and SSE. (Round your answers to three decimal places.)

- **SST (Total Sum of Squares):** ___
- **SSR (Regression Sum of Squares):** ___
- **SSE (Error Sum of Squares):** ___

#### (b) Compute the coefficient of determination \( r^2 \). (Round your answer to three decimal places.)

- \( r^2 = \) ___

This exercise involves computing statistical measures to evaluate how well the regression equation fits the data. SST measures the total variability in the scores, SSR measures the variability explained by the model, and SSE measures the unexplained variability. The coefficient of determination \( r^2 \) indicates the proportion of variance in the scores that is predictable from the price.
Transcribed Image Text:The data provided represents the brand, price in dollars, and overall score of six stereo headphones evaluated by a magazine. The overall score evaluates factors such as sound quality and effectiveness of ambient noise reduction, rated on a scale from 0 (lowest) to 100 (highest). The estimated regression equation for this dataset is given by: \[ \hat{y} = 21.588629 + 0.334114x \] where \( x \) represents the price in dollars, and \( \hat{y} \) is the overall score. ### Data Table: | Brand | Price ($) | Score | |-------|-----------|-------| | A | 180 | 78 | | B | 150 | 71 | | C | 95 | 59 | | D | 70 | 58 | | E | 70 | 40 | | F | 35 | 24 | ### Questions: #### (a) Compute SST, SSR, and SSE. (Round your answers to three decimal places.) - **SST (Total Sum of Squares):** ___ - **SSR (Regression Sum of Squares):** ___ - **SSE (Error Sum of Squares):** ___ #### (b) Compute the coefficient of determination \( r^2 \). (Round your answer to three decimal places.) - \( r^2 = \) ___ This exercise involves computing statistical measures to evaluate how well the regression equation fits the data. SST measures the total variability in the scores, SSR measures the variability explained by the model, and SSE measures the unexplained variability. The coefficient of determination \( r^2 \) indicates the proportion of variance in the scores that is predictable from the price.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps with 2 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
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 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…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
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
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman