Question

Previous 1 2 3 4 5 6 7 Next Question 6 of 7 (1 point) View problem in a pop-up Numbers (in thousands) of forest fires over the year and the number (in hundred thousands) of acres burned for 7 recent years are shown. The regression line equation is y -36.9139+ 0.48904r. The correlation coefficient is 0.999. Compute the standard error of the estimate, if appropriate. Assume a -0.05. 10.3 Section Exercise 16 Number of fires x 84 62 57 45 72 69 58 Number of acres 78 67 65 59 72 71 65 burned y Source: National Interagency Fire Center. Download data Part 1 out of 2 The standard error of the estimate (select)be calculated. rch 8 ? 8 6 4 5 3

Answer 1

Here we can use excel to find the value of standard error of estimate. At first we type the values in two columns. Next we go to "Data. We select "Data Analysis". Under "Data Analysis" there will be a list of statistical test. We select Regression. Now we enter the y and> values with the help of the mouse. Finally we click on "OK". The regression output is ready. Here one of the values represent the value of the standard error of estimate 84 62 57 45 72 78 67 The value of the standard error of estimate can be calculated 59 72 71 SUMMARY OUTPUT Standard error of estimate is 0.2514 58 Rearession Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.9993 0.9986 0.9983 0.251351 Note: The given answer is for 4 decimals. You can change the decimal points as per the given instruction ANOVA MS Significance F Regression Residual Total 224.5412573 224.5413 3554.155 2.51278E-08 0.315885575 0.063177 224.8571429 Intercept X Variable 1 Coefficients Standard Error t Stat IP-value Lower 95% |Upper 95% 36.91 3877051 0.532374143 | 69.33822| 1.18Е-081 35.54536575 38.2823884 0.4890444310.00820314 59.61673 2.51E-08 0.467957588 0.51013127