Homework Help is Here – Start Your Trial Now!
Math
Statistics
The results of the simple linear regression are provided below. y = 4.25 + 2.75x, SSy = 5.15, SSxx = 1.87 SSyy = 15.17, SSE = 1.0075 Calculate the value of r2, the coefficient of determination. O 0.872 0.339 O 0.934 O 0.661

The results of the simple linear regression are provided below. y = 4.25 + 2.75x, SSy = 5.15, SSxx = 1.87 SSyy = 15.17, SSE = 1.0075 Calculate the value of r2, the coefficient of determination. O 0.872 0.339 O 0.934 O 0.661

College Algebra
College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 4ECP: Show that the probability of drawing a club at random from a standard deck of 52 playing cards is...
See similar textbooks
icon
Related questions
Question
The dean of the Business School at a small Florida college wishes to determine whether the grade-point average (GPA) of a graduating student can be used to predict the graduate's starting salary. More specifically, the dean wants to know whether higher GPAS lead to higher starting salaries. Records for 23 of last year's Business School graduates are selected at random, and data on GPA (x) and starting salary (y, in $thousands) for each graduate were used to fit the model Ely) = Bo + B1x The results of the simple linear regression are provided below. y = 4.25 + 2.75x, SSxy = 5.15, SSxx = 1.87 SSyy = 15.17, SSE = 1.0075 Calculate the value of r2, the coefficient of determination. O 0.872 O 0.339 O 0.934 O 0.661
Transcribed Image Text:The dean of the Business School at a small Florida college wishes to determine whether the grade-point average (GPA) of a graduating student can be used to predict the graduate's starting salary. More specifically, the dean wants to know whether higher GPAS lead to higher starting salaries. Records for 23 of last year's Business School graduates are selected at random, and data on GPA (x) and starting salary (y, in $thousands) for each graduate were used to fit the model Ely) = Bo + B1x The results of the simple linear regression are provided below. y = 4.25 + 2.75x, SSxy = 5.15, SSxx = 1.87 SSyy = 15.17, SSE = 1.0075 Calculate the value of r2, the coefficient of determination. O 0.872 O 0.339 O 0.934 O 0.661
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer