Computing Formulas for the Sums of Squares Age and Price of Orions The age and price data for a sample of 11 Orions are repeated in the first two columns of Table 4.9. Use the computing formulas in...

Computing Formulas for the Sums of Squares

Age and Price of Orions The age and price data for a sample of 11 Orions are repeated in the first two columns of Table 4.9. Use the computing formulas in Formula 4.2 to determine the three sums of squares.

TABLE 4.9

Table for obtaining the three sums of squares for the Orion data by using the computing formulas

Age (yr) x	Price ($100) y	xy	x2	y2
5	85	425	25	7,225
4	103	412	16	10,609
6	70	420	36	4,900
5	82	410	25	6,724
5	89	445	25	7,921
5	98	490	25	9,604
6	66	396	36	4,356
6	95	570	36	9,025
2	169	338	4	28,561
7	70	490	49	4,900
7	48	336	49	2,304
58	975	4732	326	96,129

May 25, 2022

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Computing Formulas for the Sums of Squares Age and Price of Orions The age and price data for a sample of 11 Orions are repeated in the first two columns of Table 4.9. Use the computing formulas in...

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