(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.)

      
Part-Time Weekly Earnings ($) by CollegeStudents
Hours Worked (X)Weekly Pay (Y)(xi−x⎯⎯)2(xi−x¯)2(yi−y⎯⎯)2(yi−y¯)2(xi−x⎯⎯)(yi−y⎯⎯)(xi−x¯) (yi−y¯)
1093?       ?       ?
15171          ?       ?          ?
20204       ?       ?          ?
20156       ?       ?       ?
35261       ?       ?       ?
                  
             x⎯⎯x¯             y⎯⎯y¯           ssxxssxx         ssyyssyy              ssxyssxy
?????

    

(b)

Use the formulas to calculate the slope and intercept.(Round your answers to 3 decimal places.)

  b1   ?
  b0   ?

  

(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.)

  

Hours Worked
(xi)
Weekly Pay
(yi)
Estimated Pay
   (yˆi)(y^i)  
yi−yiˆyi−yi^(yi−yˆi)2(yi−y^i)2(yˆi−y⎯⎯)2(y^i−y¯)2(yi−y⎯⎯)2(yi−y¯)2
1093   ?   ?   ?   ?   ?
15171   ?   ?   ?      ?   ?
20204   ?   ??     ?   ?
20156   ?   ??     ??  
35261   ?   ?   ?   ?   ?

   

   
    x⎯⎯x¯   ?
    y⎯⎯y¯   ?
  SSE   ?
  SSR   ?
  SST   ?

  

(d)Calculate the R2. (Round youranswer to 4 decimal places.)

  

  R2     ?

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