A researcher collects the data shown at the left and concludes that there is a significant relationship between the amount of radio advertising time (in minutes per week) and the weekly sales of a product (in hundreds of dollars). Find the standard error of estimate. Use the regression equation
a. Use a table to calculate the sum of the squared differences of each observed y@ value and the corresponding predicted y@ value.
b. Identify the number n of pairs of data.
c. Calculate se.
d. Interpret the results.
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