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Economist Joshua Grant Is Using Linear Regression to Try to Establish

Question 71

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: 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<sub>y.x</sub>)  here. A) 13.2 B) 14.5 C) 17.8 D) 15.3 E) 16.9 The slope term (b) in the estimated regression equation is -8.The intercept term (a) is 237.Compute the standard error of estimate (sy.x) here.


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

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