The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is 9 20.987 +0.340x, where x price ($) and y = overall score. Brand Price ($) Score A 180 78 B 150 73 C 95 59 D 70 56 E 70 38 F 35 26 Squares), SSR (Regression Sum of Squares), and SSE (Error Sum of Squares). (Round your answers. three decimal places.) (a) Compute SST (Total Sum SST = SSR= SSE (b) Compute the coefficient of determination 2. (Round your answer to three decimal places.) Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.) O The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line. O The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line. O The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line.

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Author:Bruce Crauder, Benny Evans, Alan Noell
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The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest).
The estimated regression equation for these data is ý = 20.987 + 0.340x, where x = price ($) and y = overall score.
Brand Price ($)
Score
A
180
78
B
150
73
C
95
59
70
56
E
70
38
35
26
(a) Compute SST (Total Sum of Squares), SSR (Regression Sum of Squares), and SSE (Error Sum of Squares). (Round your answers to three decimal places.)
SST =
SSR =
SSE =
(b) Compute the coefficient of determination 2. (Round your answer to three decimal places.)
Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.)
O The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line.
The least squares line did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line.
O The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line.
O The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line.
Transcribed Image Text:The following data show the brand, price ($), and the overall score for six stereo headphones that were tested by a certain magazine. The overall score is based on sound quality and effectiveness of ambient noise reduction. Scores range from 0 (lowest) to 100 (highest). The estimated regression equation for these data is ý = 20.987 + 0.340x, where x = price ($) and y = overall score. Brand Price ($) Score A 180 78 B 150 73 C 95 59 70 56 E 70 38 35 26 (a) Compute SST (Total Sum of Squares), SSR (Regression Sum of Squares), and SSE (Error Sum of Squares). (Round your answers to three decimal places.) SST = SSR = SSE = (b) Compute the coefficient of determination 2. (Round your answer to three decimal places.) Comment on the goodness of fit. (For purposes of this exercise, consider a proportion large if it is at least 0.55.) O The least squares line provided a good fit as a small proportion of the variability in y has been explained by the least squares line. The least squares line did not provide a good fit as a large proportion of the variability in y has been explained by the least squares line. O The least squares line did not provide a good fit as a small proportion of the variability in y has been explained by the least squares line. O The least squares line provided a good fit as a large proportion of the variability in y has been explained by the least squares line.
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