Ten observations were provided for a dependent variable y and two independent variables x₁ and x₂; for these data, SST 15,181.9 and SSR = 14,069.3. (a) Compute R². (Round your answer to three decimal places.) R² = (b) Compute R2. (Round your answer to three decimal places.) R₂² = (c) Does the estimated regression equation explain a large amount of the variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to one decimal place.) ---Select--, after adjusting for the number of independent variables in the model, we see that % of the variability in y has been accounted for.
Ten observations were provided for a dependent variable y and two independent variables x₁ and x₂; for these data, SST 15,181.9 and SSR = 14,069.3. (a) Compute R². (Round your answer to three decimal places.) R² = (b) Compute R2. (Round your answer to three decimal places.) R₂² = (c) Does the estimated regression equation explain a large amount of the variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to one decimal place.) ---Select--, after adjusting for the number of independent variables in the model, we see that % of the variability in y has been accounted for.
Chapter4: Linear Functions
Section: Chapter Questions
Problem 41RE: For the following exercises, consider the data in Table 5, which shows the percent of unemployed in...
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![Ten observations were provided for a dependent variable y and two independent variables x₁ and x₂; for these data,
SST = 15,181.9 and SSR = 14,069.3.
(a) Compute R². (Round your answer to three decimal places.)
R²
(b) Compute R₂2. (Round your answer to three decimal places.)
R2 =
Ka
(c) Does the estimated regression equation explain a large amount of the variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to one decimal place.)
---Select---, after adjusting for the number of independent variables in the model, we see that
% of the variability in y has been accounted for.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1784d6b6-d0da-4ca6-88bb-f1a2aff3fb92%2F0b6955a9-4eca-4a99-9f9c-31b19494d689%2Fsmohu5_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ten observations were provided for a dependent variable y and two independent variables x₁ and x₂; for these data,
SST = 15,181.9 and SSR = 14,069.3.
(a) Compute R². (Round your answer to three decimal places.)
R²
(b) Compute R₂2. (Round your answer to three decimal places.)
R2 =
Ka
(c) Does the estimated regression equation explain a large amount of the variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to one decimal place.)
---Select---, after adjusting for the number of independent variables in the model, we see that
% of the variability in y has been accounted for.
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