A Data Set with 7 Observations Yielded the Following

question 34

Multiple Choice

A data set with 7 observations yielded the following.Use the simple linear regression model. = 21.57 = 68.31 = 188.9 = 5,140.23 = 590.83 SSE = 1.06
Calculate the standard error.

• A).212
• B).1514
• C).389
• D).4604

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Definitions:

Freeholders

Historically, individuals who owned their land outright, without owing feudal duties or rents to a superior, often having specific political rights or privileges in their locality.

Suffrage

The entitlement to participate in political elections by casting a vote.