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Solve the Problem (yy^)2\sum ( y - \hat { y } ) ^ { 2 }

Question 56

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Solve the problem.
-The sum of squares of residuals (yy^)2\sum ( y - \hat { y } ) ^ { 2 } can be used to assess the quality of a regression model. A residual is the difference between an observed y value and the value of y predicted from the model, y^\hat { y } . The better the model, the smaller the sum of squares of residuals. For the data below find the sum of squares of residuals which results from fitting a linear model, and the sum of squares of residuals which results from fitting a power model. Which model fits better? How can you tell?
x12345y39173040\begin{array} { c | c c c c c } \mathrm { x } & 1 & 2 & 3 & 4 & 5 \\\hline \mathrm { y } & 3 & 9 & 17 & 30 & 40\end{array}

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Sum of squares of residuals fo...

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