How to test if assumption of equal variances for 2 samples is just in 2 sample t test
If null variance_1 = variance_2 is true
Can do F test on variances
Linear regression model α is?
Where x is explanatory/predictor y is response
Linear regression model β is?
Where x is predictor/explanatory variable, y is response
s_xx
S_xy
The point (Xbar,ybar) must lie on regression line because
For a single explanatory variable, MLE for variance is
Never give predictions that are
To more sig figs than the data we began with
Limitation of simple linear model for single explanatory
Works for interpolation, not extrapolation