Data Visualizationhard
0:00.0

A scatter plot of n=10n=10 data points yields an OLS regression line y^=0.5x+3\hat{y} = 0.5x + 3. If the sum of squares of the residuals SSE=(yiy^i)2=20SSE = \sum (y_i - \hat{y}_i)^2 = 20 and the total sum of squares SST=(yiyˉ)2=80SST = \sum (y_i - \bar{y})^2 = 80, what is the correlation coefficient rr?