
Repair cost stats
Hello, we are give na table of data and I want to caculate the standard error:
How do you do that?
Note:
Here is the data:
Age of a car repair cost in 1000's of $
_________________________________
X  Y
4  1
6  2
7  5
8  4
9  4
10  5
Note:
I have comouted the coree coeff, and have an equation for that. Just need to know how do I obtain the standard error from my table  what is the formula?
Thanks!


Yes, but isn't the standard error we are after the standard error of b in our equation?
Example:
I computed a linear regression equation with a b = .69
So, the STD error of b a.k.a s.e.b is....?
That is what I am trying to find.
Any ideas?

Never mind (and thanks for help); I found an article that details how to perform this type of calculation  it's a mutli step process. I am running through a final check that now and will post my answer.