Economist Joshua Grant Is Using Linear Regression to Try to Establish

Multiple Choice

Economist Joshua Grant is using linear regression to try to establish a link between the unemployment rate (x) and home sales in Lane County (y) during a given month.The following data are available: The slope term (b) in the estimated regression equation is -8.The intercept term (a) is 237.Compute the standard error of estimate (s_y.x) here.

A) 13.2
B) 14.5
C) 17.8
D) 15.3
E) 16.9