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Suppose That N = 21 xˉ \bar{x} = 38044 yˉ \bar{y}

Question 21

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Suppose that n = 21, xˉ \bar{x} = 38.044, yˉ \bar{y} = 89.27, Sxx = 994.045, Sxy = 6191.08, and Syy = 76,293.5.

A) Obtain the equation of the best fitting straight line.
B) Calculate the residual sum of squares.
C) Estimate .
Suppose that n = 21, \bar{x} = 38.044, \bar{y} = 89.27, S<sub>xx</sub> = 994.045, S<sub>xy</sub> = 6191.08, and S<sub>yy</sub> = 76,293.5. A) Obtain the equation of the best fitting straight line. B) Calculate the residual sum of squares. C) Estimate . Round your answers to three decimal places.
Round your answers to three decimal places.

Correct Answer:

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Part A: y = -147.674...

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