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BA 240 Yamasaki Solutions to Practice 5

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Presentation on theme: "BA 240 Yamasaki Solutions to Practice 5"— Presentation transcript:

1 BA 240 Yamasaki Solutions to Practice 5

2 DCSI Solutions to Practice 5 ( 14 pages)

3 DCSI Solutions to Practice 5 ( 14 pages)

4 DCSI Solutions to Practice 5 ( 14 pages)

5 DCSI Solutions to Practice 5 ( 14 pages)
Coefficient of determination DCSI Solutions to Practice 5 ( 14 pages)

6 DCSI Solutions to Practice 5 ( 14 pages)
f. Partition Sum of Squares SST = Sy2 – (Sy)2/n = Syy SSE = Sy2 – b0Sy – b1Sxy Regression (ANOVA table) Source SS df MS F Regression SSR MSR MSR/MSE Error SSE N-2 MSE Total SST N-1 SSE = ( )*(50) –(-.8114)*(2986) = SST = Syy = Regression (ANOVA table) Source SS df MS F Regression Error Total DCSI Solutions to Practice 5 ( 14 pages)

7 DCSI Solutions to Practice 5 ( 14 pages)

8 DCSI Solutions to Practice 5 ( 14 pages)

9 DCSI Solutions to Practice 5 ( 14 pages)
Simple Linear Regression Model: To estimate regression line, use least squares method. DCSI Solutions to Practice 5 ( 14 pages)

10 DCSI Solutions to Practice 5 ( 14 pages)

11 DCSI Solutions to Practice 5 ( 14 pages)
Example: A real estate agent would like to predict selling price of a single family home based on size of house. She takes a random sample of 15 recently sold homes. House size(100sq ft) Selling Price($1000) DCSI Solutions to Practice 5 ( 14 pages)

12 DCSI Solutions to Practice 5 ( 14 pages)
Preliminary calculations: Sx = Sx2 = Sxy = Sy = Sy2 = DCSI Solutions to Practice 5 ( 14 pages)

13 DCSI Solutions to Practice 5 ( 14 pages)

14 DCSI Solutions to Practice 5 ( 14 pages)


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