Assume you have noted the following prices for books and the number of
pages that each book contains.
Book A B C D E F G
Pages (x) 500 700 750 590 540 650 480
Price (y) (in $) 7 7.5 9 6.5 7.5 7 4.5
07
(b)
(i)Use the method of least squares to compute an estimated regression line
between the price and the number of pages.
(ii)Compute SST, SSR, and SSE.
(iii)Compute the coefficient of determination.
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