The following data represent the retail furniture store sales ($
Billions) versus the housing starts (in millions) over a 10-year
time period:
Furniture store sales ($
Billions) Housing starts
(millions)
50.6
1.27
51.3
1.36
52.1
1.5
56.5
1.61
59.8
1.72
55.0
1.55
54.0
1.49
57.0
1.65
57.2
1.67
58.0
1.69
1. The sum square total is equal to: A. 85.37
B. 7.06 C. 79.31
2. The sum square residual is equal to: A. 7.06
B.
85.37 C. 79.31
3. The sum square regression is: A.
85.37 B.
78.31
C. 7.06
4. The average deviation of an observed point from the
best-fit line is: A. 0.84 B.
0.88 C. 0.94
5. The test statistic calculated to test from the sample data
whether the slope of the regression line in the population
is different from zero is nearly: A
3.93 B.
4.93 C. 9.42
The following data represent the retail furniture store sales ($ Billions) versus the housing starts (in millions) over
-
answerhappygod
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The following data represent the retail furniture store sales ($ Billions) versus the housing starts (in millions) over
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