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Exhibit 12-1
The following information regarding a dependent variable Y) and an independent variable X) is provided.
SSE = 6
SST = 16
-Refer to Exhibit 12-1. The least squares estimate of the slope is
Respondents
Individuals who answer questions in a survey or study.
F-ratios
Used in analysis of variance, it compares the variance between groups to the variance within groups, helping determine statistical significance.
Skewed
A distribution that is not symmetric about its mean, having more values on one side of the center than the other.
Variances
A measure of the dispersion indicating how much the numbers in a data set differ from the mean.
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