You are given the following information about y and x:
y |
x |
12 |
4 |
3 |
6 |
7 |
2 |
6 |
4 |
Furthermore, the following sums were calculated:
SST = 42
SSE = 34
Can someone tell me why n=3 and k=1 for this above? I thought k would be = 4 because it is the # of X variables. Pretty confused. Thank you
You are given the following information about y and x: y Dependent Variable x Independent Variable...
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The following information regarding a dependent variable (Y in $1000) and an independent variable (X) is provided. Y Dependent Variable 15 17 23 17 I. The least-squares estimate of the slope equals: II. The least-squares estimate of the intercept equals: III. If the independent variable increases by 2 units, the dependent variable is expected to a. decrease by $300 b. decrease by $3000 c. decrease by $3 d. decrease by $2 e. none of the above The letter corresponding...
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