Compute the sst sse and ssr

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Reference no: EM13850929

1.  The operations manager of a musical instrument distributor feels that demand for a particular type of guitar may be related to the number of YouTube Views for a music video by the popular rock group Marble Pumpkins during the preceding month. The manager has collected the data shown in the follow ing table:

 

You tube VIEWS (1,0000

GUITAR
SALES

30

 

40

11

70

12

60

10

80

15

50

13

(a)  Graph these data to see whether a linear equa­tion might describe the relationship between the views on YouTube and guitar sales.

(b)  Using the equations presented in this chapter, compute the SST, SSE, and SSR. Find the least-squares regression line for these data.

(c)   Using the regression equation, predict guitar sales if there were 40,000 views last month.

2. Using the data in Problem 3-10, test to see if there is a statistically significant relationship between sales and YouTube views at the 0.05 level of significance.

Use the formulas in this chapter and Appendix D

Reference no: EM13850929

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