Using the accompanying Home Market Value data and associated regression line, Market ValueMarket Valueequals=$28,416+$37.066×Square Feet, compute the errors associated with each observation using the formula e Subscript ieiequals=Upper Y Subscript iYiminus−ModifyingAbove Upper Y with caret Subscript iYi and construct a frequency distribution and histogram. LOADING... Click the icon to view the Home Market Value data. Question content area bottom Part 1 Construct a frequency distribution of the errors, e Subscript iei. (Type whole numbers.) Error Frequency minus−15 comma 00015,000less than< e Subscript iei less than or equals≤minus−10 comma 00010,000 0 minus−10 comma 00010,000less than< e Subscript iei less than or equals≤minus−50005000 5 minus−50005000less than< e Subscript iei less than or equals≤0 21 0less than< e Subscript iei less than or equals≤50005000 9 50005000less than< e Subscript iei less than or equals≤10 comma 00010,000 6 10 comma 00010,000less than< e Subscript iei less than or equals≤15 comma 00015,000 0 15 comma 00015,000less than< e Subscript iei less than or equals≤20 comma 00020,000 1 Part 2 Choose the correct histogram below. Click here to view histogram b. LOADING... Click here to view histogram d. LOADING... Click here to view histogram a. LOADING... Click here to view histogram c. LOADING...

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section: Chapter Questions

Problem 7PT

Construct a frequency distribution of the errors,

e Subscript iei.

(Type whole numbers.)

Error	Frequency
minus−15 comma 00015,000less than<	e Subscript iei	less than or equals≤minus−10 comma 00010,000	0
minus−10 comma 00010,000less than<	e Subscript iei	less than or equals≤minus−50005000	5
minus−50005000less than<	e Subscript iei	less than or equals≤0	21
0less than<	e Subscript iei	less than or equals≤50005000	9
50005000less than<	e Subscript iei	less than or equals≤10 comma 00010,000	6
10 comma 00010,000less than<	e Subscript iei	less than or equals≤15 comma 00015,000	0
15 comma 00015,000less than<	e Subscript iei	less than or equals≤20 comma 00020,000	1