Exhibit 12-4
The following information regarding a dependent variable (Y) and an independent variable (X) is provided.
SSE = 6
SST = 16
-Refer to Exhibit 12-4. The least squares estimate of the slope is
A)1
B)2
C)3

Question

Exhibit 12-4
The following information regarding a dependent variable (Y) and an independent variable (X) is provided.
  SSE = 6
SST = 16
-Refer to Exhibit 12-4. The least squares estimate of the slope is
A)1 
B)2 
C)3

Quizplus · Accepted Answer

The least squares estimate of the slope is the slope of the line that best fits the data points. The line that best fits the data points in Exhibit 12-4 has a slope of 1.

Exhibit 12-4 the Following Information Regarding a Dependent Variable (Y) and an and an Independent