The following estimated regression equation is based on 30 observations. ŷ = 17.1 + 4x1 – 2.12 + 7.6x3 + 2.9æ4 The values of SST and SSR are 1,804 and 1,761, respectively.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 44SGR
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The following estimated regression equation is based on 30 observations.
ŷ = 17.1 + 4x1 – 2.1x2 + 7.6x3 + 2.9x4
The values of SST and SSR are 1,804 and 1,761, respectively.
a. Compute R2 (to 3 decimals).
b. Compute R (to 3 decimals).
c. Comment on the goodness of fit.
The estimated regression equation
Select your answer -
Transcribed Image Text:Hint(s) Check My Work The following estimated regression equation is based on 30 observations. ŷ = 17.1 + 4x1 – 2.1x2 + 7.6x3 + 2.9x4 The values of SST and SSR are 1,804 and 1,761, respectively. a. Compute R2 (to 3 decimals). b. Compute R (to 3 decimals). c. Comment on the goodness of fit. The estimated regression equation Select your answer -
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