(a)
Make an Excel worksheet to calculate SSxx,
SSyy, and SSxy.
(Leave no cells blank - be certain...
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Economics
(a)
Make an Excel worksheet to calculate SSxx,SSyy, and SSxy.(Leave no cells blank - be certain to enter \"0\" whereverrequired. Negative values should be indicated by a minus sign.Round your answers to 2 decimal places.)
Use the formulas to calculate the slope and intercept.(Round your answers to 3 decimal places.)
  b1
  ?
  b0
  ?
 Â
(c)
Use your estimated slope and intercept to make a worksheet tocalculate SSE, SSR, and SST.(Leave no cells blank - be certain toenter \"0\" wherever required. Negative values should be indicated bya minus sign. Do not round intermediate calculations, but finalanswers should be rounded to 3 decimal places.)
 Â
Hours Worked (xi)
Weekly Pay (yi)
Estimated Pay    (yˆi)(y^i) Â
yi−yiˆyi−yi^
(yi−yˆi)2(yi−y^i)2
(yˆi−y⎯⎯)2(y^i−y¯)2
(yi−y⎯⎯)2(yi−y¯)2
10
93
  ?
  ?
  ?
  ?
  ?
15
171
  ?
  ?
  ?
     ?
  ?
20
204
  ?
  ?
? Â
  ?
  ?
20
156
  ?
  ?
? Â
  ?
? Â
35
261
  ?
  ?
  ?
  ?
  ?
  Â
  Â
    x⎯⎯x¯
  ?
    y⎯⎯y¯
  ?
  SSE
  ?
  SSR
  ?
  SST
  ?
 Â
(d)
Calculate the R2. (Round youranswer to 4 decimal places.)
 Â
  R2
    ?
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