Concept explainers
Construct a
a. Plot the following two lines on your scatterplot:
b. Which of these lines would you choose to characterize the relationship between x and y? Explain.
c. Show that the sum of the errors of prediction for both of these lines equals 0.
d. Which of these lines has the smaller SSE?
e. Find the least squares line for the data and compare it with the two lines described in part a.
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MyLab Statistics for Business Stats with Pearson eText -- Standalone Access Card -- for Statistics for Business and Economics
- Linear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning