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Author Question: In regression and correlation analysis, if SSE and SST are known, then with this information the a. ... (Read 87 times)

luvbio

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on: Jun 24, 2018
In regression and correlation analysis, if SSE and SST are known, then with this information the
 a. coefficient of determination can be computed.
  b. slope of the regression line can be computed.
  c. y-intercept can be computed.
  d. x-intercept can be computed.

Question 2

The First National Mortgage Company has noted that 6 of its customers pay their mortgage payments after the due date.
 a. What is the probability that in a random sample of 150 customers 7 will be late on their payments?
  b. What is the probability that in a random sample of 150 customers at least 10 will be late on their payments?


izzat

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

a. 0.1066
b. 0.4325


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