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A Scatter Diagram Includes the Following Data Points x32545y86121014\begin{array} { | c | c c c c c | } \hline x & 3 & 2 & 5 & 4 & 5 \\\hline y & 8 & 6 & 12 & 10 & 14 \\\hline\end{array}

Question 257

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A scatter diagram includes the following data points:
x32545y86121014\begin{array} { | c | c c c c c | } \hline x & 3 & 2 & 5 & 4 & 5 \\\hline y & 8 & 6 & 12 & 10 & 14 \\\hline\end{array} Two regression models are proposed: (1) y^=1.2+2.5x\hat { y } = 1.2 + 2.5 x , and (2) y^=4.0x\hat { y } = 4.0 x . Using the least squares method, which of these regression models provides the better fit to the data? Why?

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SSE = 4.95 and 126.25 for mode...

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