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Author Question: Exhibit 12-10The following information regarding a dependent variable Y and an independent variable ... (Read 12 times)

bryantpr01

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on: Mar 25, 2023

Question 1

Exhibit 12-10
The following information regarding a dependent variable Y and an independent variable X is provided.
 

n = 4

ΣX = 16

ΣY = 28

Σ (Y -)(X - ) = -8

Σ (X - )2= 8

SST = 42

SSE = 34

 


Refer to Exhibit 12-10. The MSE is


◦

17


◦

8


◦

34


◦

42



Question 2

Exhibit 12-10
The following information regarding a dependent variable Y and an independent variable X is provided.
 

n = 4

ΣX = 16

ΣY = 28

Σ (Y -)(X - ) = -8

Σ (X - )2= 8

SST = 42

SSE = 34

 


Refer to Exhibit 12-10. The point estimate of Y when X = 3 is


◦

11


◦

14


◦

8


◦

0

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by bryantpr01 on Mar 25, 2023

LynellDool

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Reply #1 on: Mar 25, 2023
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bryantpr01

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Reply 2 on: Mar 25, 2023
Thanks for the timely response, appreciate it

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