Question

The price x (dollars per pound) and consumption y (in pounds per capita) of beef were samples for 10 randomly selected years. The following data should be used to answer the question that follows. n=10 ex=36.19 ex2=134.17 2.9 ≤ x ≤ 6.2 ey=774.7 ey²=60739.23 exy=2832.21 Before the slope of the line of best fit can be estimated, it is necessary to calculate SS. Enter the value for SS, accurate to the nearest tenth.

Answer 1

To calculate SS, we need more information about the value of b.

Step-by-step explanation:

To find the value for SS (sum of squares), we can use the formula:

SS = ey² - b(exy) - b(exy) + b²(ex²)

Given:

• n = 10
• ex = 36.19
• ex2 = 134.17
• ey = 774.7
• ey² = 60739.23
• exy = 2832.21

Substituting the values in the formula, we have:

SS = 60739.23 - b(2832.21) - b(2832.21) + b²(134.17)

Since the formula doesn't provide the value of b, we can't find the exact value of SS. The information given is insufficient to calculate SS accurately.