The following estimated regression equation based on 30 observations was presented. ŷ = 17.6 + 3.8x,1 - 2.3x2 + 7.6x3 + 2.7x4 %3D | The values of SST and SSR are 1,804 and 1,779, respectively. (a) Compute R?. (b) Compute R,. (c) Comment on the goodness of fit.

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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Author:Bruce Crauder, Benny Evans, Alan Noell
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Chapter5: A Survey Of Other Common Functions
Section5.6: Higher-degree Polynomials And Rational Functions
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The following estimated regression equation based on 30 observations was presented.
ŷ = 17.6 + 3.8x, - 2.3x2 + 7.6x3 + 2.7×4
The values of SST and SSR are 1,804 and 1,779, respectively.
(a) Compute R2.
2
(b) Compute R,
(c) Comment on the goodness of fit.
Transcribed Image Text:The following estimated regression equation based on 30 observations was presented. ŷ = 17.6 + 3.8x, - 2.3x2 + 7.6x3 + 2.7×4 The values of SST and SSR are 1,804 and 1,779, respectively. (a) Compute R2. 2 (b) Compute R, (c) Comment on the goodness of fit.
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