Instruction 12.18
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.
Note: 4.3946E-15 is 4.3946 × 10-15.
-Referring to Instruction 12.18,the error sum of squares (SSE) of the above regression is
A) 0.1117.
B) 29.0720.
C) 25.9438.
D) 3.1282.
Correct Answer:
Verified
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