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1) Fitting a straight line to a set of data yields the following prediction line: Y = 10 + 4X Interpret the meaning of the Y intercept, b 0 .
independent and dependent.
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b) Estimate the intercept (b0). Show your work
c) Estimate the slope (b1). Show your work
c) Draw the regression line
d) Is the relationship positive or negative? Explain
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If SSR = 66 and SST = 88, and n = 10Determine the coefficient of determination, r2, and interpret its meaning.Compute the standard error of the estimate., r2, and interpret its meaning.
How useful do you think this regression model is forpredicting?How useful do you think this regression model is for predicting? Statistical Analysis Question 1Fitting a straight line to a set of data yields the following prediction line:Y = 10 + 4XInterpret the meaning of the Y intercept, b0.Solution:The Y intercept b0...