Interpretation of error term and goodness of fit regression

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Reference no: EM1315900

Consider the following estimated regression equation, based on 10 observations.

? = 29.1270 + 0.5906x₁ + 0.4980x₂

The values of SST and SSR are 6724.125 and 6216.375, respectively.

a) Find SSE (to 2 decimals).

b) Compute R² (to 3 decimals).

c) Compute R²_a (to 3 decimals).

d) How good is the fit provided by the estimated regression equation?

Reference no: EM1315900

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