Essay
Truck Speed vs Gas Mileage: An economist wanted to analyze the relationship between the speed of a car (x) and its gas mileage (y). As an experiment a car is operated at several different speeds and for each speed the gas mileage is measured. These data are shown below.
-A scatter diagram includes the following data points:
Two regression models are proposed: (1)
, and (2)
. Using the least squares method, which of these regression models provides the better fit to the data? Why?
Correct Answer:

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SSE = 4.95 and 126.25 for mode...View Answer
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Correct Answer:
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