Economist Joshua Grant Is Using Linear Regression to Try to Establish

question 75

Multiple Choice

Economist Joshua Grant is using linear regression to try to establish a link between the unemployment rate (x) and home sales in Lane County (y) during a given month.The following data are available: The slope term (b) in the estimated regression equation is -8.The intercept term (a) is 237.Compute the standard error of estimate (s_y.x) here.

• A)13.2
• B)14.5
• C)17.8
• D)15.3
• E)16.9

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