TABLE 12-12
The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:

Note: 4.3946E-15 is 4.3946 x 10-15.

-Referring to Table 12-12, the error sum of squares (SSE)of the above regression is ________.
A) 0.1117
B) 3.1282
C) 25.9438
D) 29.0720

Question

TABLE 12-12
The manager of the purchasing department of a large savings and loan organization would like to develop a model to predict the amount of time (measured in hours) it takes to record a loan application. Data are collected from a sample of 30 days, and the number of applications recorded and completion time in hours is recorded. Below is the regression output:
  
Note: 4.3946E-15 is 4.3946 x 10-15.

-Referring to Table 12-12, the error sum of squares (SSE)of the above regression is ________.
A) 0.1117 
B) 3.1282 
C) 25.9438 
D) 29.0720

Quizplus · Accepted Answer

The error sum of squares (SSE) is located under the "S" column in the ANOVA table, and it is 3.1282.

TABLE 12-12 The Manager of the Purchasing Department of a Large Savings