Forest Fires and Acres Burned Numbers (in thousands) of forest fires over the year and the number (in hundred thousands) of acres burned for 6 recent years are shown. The regression line equation is y′=−27.6720 + 0.99464x. The correlation coefficient is r=0.769. Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume α=0.05. Number of fires  x 47 84 62 57 45 72 Number of acres burned  y 26 51 15 30 15 62   1) Should the standard error of

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 22PFA
icon
Related questions
Question

Forest Fires and Acres Burned Numbers (in thousands) of forest fires over the year and the number (in hundred thousands) of acres burned for 6 recent years are shown. The regression line equation is y′=−27.6720 + 0.99464x. The correlation coefficient is r=0.769. Compute the standard error of the estimate rounded to at least two decimal places, if appropriate. Assume α=0.05.

Number of fires 
x
47
84
62
57
45
72
Number of acres burned 
y
26
51
15
30
15
62

 

1) Should the standard error of the estimate be calculated? yes or no?

 

2) Sest =

Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Functions and Change: A Modeling Approach to Coll…
Functions and Change: A Modeling Approach to Coll…
Algebra
ISBN:
9781337111348
Author:
Bruce Crauder, Benny Evans, Alan Noell
Publisher:
Cengage Learning
College Algebra
College Algebra
Algebra
ISBN:
9781305115545
Author:
James Stewart, Lothar Redlin, Saleem Watson
Publisher:
Cengage Learning