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Question: The following information regarding a dependent variable {Y} and an independent variable {X} is provided.
Y
4
3
6
8
X
2
1
5
SSE = 6SST = 16
Question1: The MSE is
[A] 1
[B] 4
[C] 2
[D] 3
Question2: The coefficient of determination is
[A] 0.7096
[B] 0.625
[C] 0.375
[D] - 0.7906
Find the unit price and profit functions.
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