Does this least squares line provide a good fit

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Reference no: EM13884109

Given are five observations for two variables, x and y.

xi	1	2	3	4	5
yi	3	7	7	12	14

The estimated regression equation for these data is = 0.5 + 2.7x.

Compute SSE, SST, and SSR using the following equations (to 1 decimal).

SSE

SST

SSR
Compute the coefficient of determination r2 (to 3 decimals). Does this least squares line provide a good fit?SelectYes, the least squares line provides a very good fitNo, the least squares line does not produce much of a fitItem 5
Compute the sample correlation coefficient (to 4 decimals).

Reference no: EM13884109

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