Interpret the meaning of the standard error of the estimate SYX .

Words: 260
Pages: 1
Subject: Business

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These are the original questions that should be answered.

E. Interpret the meaning of the standard error of the estimate SYX .
F. Obtain the residual plots and cut and paste them into the report. Briefly comment on the appropriateness of your fitted model.
(1) If the assumptions are met and the fitted model is appropriate, continue to Step 2G.
(2) If any of the linearity, normality, or equality of variance assumptions are problematic state this but continue to Step 2G. Note — you do not need to check the assumption of independence in your project. (That assumption is automatically met because your project is not time-dependent).
G. Comment on the statistical significance of your fitted model
H. Comment on the 95% confidence interval estimate on the average impact on the response variable for each unit increase in the predictor variable.
I. Select a value for your independent variable in its relevant range:
Predict ŷ

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