Assume a dependent variable y is related to an independent variables x, and x, by the following linear regression model: y=ax, + bx,+e, where a.bER2 are parameters and e is a residual error. Four observations for the dependent and independent variables are given in the following table x_1 x_2 -1 -1 1 2 3 -17 Use the least squares method to fit this regression model to the data. What is the sum of square errors associated with this model? Give your answer to three decimal places.

Elementary Linear Algebra (MindTap Course List)
8th Edition
ISBN:9781305658004
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Inner Product Spaces
Section5.CR: Review Exercises
Problem 62CR
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Assume a dependent variable y is related to an independent variables x, and x, by the following linear regression model:
y=ax, + bx,+ e,
where
a.bER? are parameters and e is a residual error. Four observations for the dependent and independent variables are given in the following table
x_1
x_2
-1
-1
y
1
2
3
-17
Use the least squares method to fit this regression model to the data. What is the sum of square errors associated with this model? Give your answer to three decimal places.
Transcribed Image Text:Assume a dependent variable y is related to an independent variables x, and x, by the following linear regression model: y=ax, + bx,+ e, where a.bER? are parameters and e is a residual error. Four observations for the dependent and independent variables are given in the following table x_1 x_2 -1 -1 y 1 2 3 -17 Use the least squares method to fit this regression model to the data. What is the sum of square errors associated with this model? Give your answer to three decimal places.
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