(a) Find the coefficient of determination and interpret the result.How can the coefficient of determination be interpreted?(b) Find the standard error of estimate se and interpret the result.How can the standard error of estimate be interpreted? The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression lineis y = 0.967x + 1,295.49. Complete parts (a) and (b) below.New-vehicle sales (Company A), xNew-vehicle sales (Company B), y4,172 3,879 3,590 3,401 3,269 3,108 2,827 2,497 1,9274,909 4,869 4,833 4,704 4,633|4,455 4,694 3,841 2,9722,0622,776(a) Find the coefficient of determination and interpret the result.(Round to three decimal places as needed.)Enter your answer in the answer box and then click Check Answer.Check AnswerClear Allpartsremaining

Answered: (a) Find the coefficient of…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter7: Analytic Trigonometry

Section7.6: The Inverse Trigonometric Functions

Problem 94E

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(a) Find the coefficient of determination and interpret the result. How can the coefficient of determination be interpreted? (b) Find the standard error of estimate se and interpret the result. How can the standard error of estimate be interpreted?

The table shows the numbers of new-vehicle sales (in thousands) in the United States for Company A and Company B for 10 years. The equation of the regression line
is y = 0.967x + 1,295.49. Complete parts (a) and (b) below.
New-vehicle sales (Company A), x
New-vehicle sales (Company B), y
4,172 3,879 3,590 3,401 3,269 3,108 2,827 2,497 1,927
4,909 4,869 4,833 4,704 4,633|4,455 4,694 3,841 2,972
2,062
2,776
(a) Find the coefficient of determination and interpret the result.
(Round to three decimal places as needed.)
Enter your answer in the answer box and then click Check Answer.
Check Answer
Clear All
parts
remaining

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