
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Given a set of observed data $(x_{i},y_{i})(i=1,2,3,…,n)$ for variables $x$ and $y$ that have a linear correlation, all data points lie on the regression line equation $y= \frac {1}{3}x+2$. Calculate the value of the sum of squared residuals (SSR) for this dataset.

Present the answer in LaTex format: \boxed{Your answer}
user