Use least-squares regression to fit a straight line to 1 3 4 6 7 8 y 1 1.5 2 3 4 8 10 13 a) Along with the slope and intercept, compute the standard error of the estimate and the correlation coefficient. Plot the data and the straight line. Assess the fit. b) Recompute (a) but use polynomial regression to fit a parabola to the data. Compare the results with those of (a).

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Use least-squares regression to fit a straight line to
1
2
3
4
5
6
7
8
9
y
1
1.5
2
3
4
5
8
10
13
a) Along with the slope and intercept, compute the standard
error of the estimate and the correlation coefficient. Plot the
data and the straight line. Assess the fit.
b) Recompute (a) but use polynomial regression to fit a
parabola to the data. Compare the results with those of (a).
Transcribed Image Text:Use least-squares regression to fit a straight line to 1 2 3 4 5 6 7 8 9 y 1 1.5 2 3 4 5 8 10 13 a) Along with the slope and intercept, compute the standard error of the estimate and the correlation coefficient. Plot the data and the straight line. Assess the fit. b) Recompute (a) but use polynomial regression to fit a parabola to the data. Compare the results with those of (a).
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