The table shows the total square footage (in billions) of retailing space at shopping centers and their sales (in billions of dollars) for 10 years. The equation of the regression line is y = 527.025x – 1735.456. Complete parts a and b. 5.7 5.9 5.8 5.9 6.1 Total Square Footage, x 4.9 5.1 5.2 5.3 5.4 Sales, y 891.2 932.7 995.1 1067.2 1100.3 1215.6 1280.3 1334.6 1429.4 1543.5 (a) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.)

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 total square footage (in billions) of retailing space at shopping centers and their sales (in billions of dollars) for 10 years. The equation of the
regression line is y = 527.025x – 1735.456. Complete parts a and b.
Total Square
Footage, x
Sales, y
4.9
5.1
5.2
5.3
5.4
5.7
5.9
5.8
5.9
6.1
891.2 932.7 995.1 1067.2 1100.3 1215.6 1280.3 1334.6 1429.4 1543.5
(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.
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Transcribed Image Text:The table shows the total square footage (in billions) of retailing space at shopping centers and their sales (in billions of dollars) for 10 years. The equation of the regression line is y = 527.025x – 1735.456. Complete parts a and b. Total Square Footage, x Sales, y 4.9 5.1 5.2 5.3 5.4 5.7 5.9 5.8 5.9 6.1 891.2 932.7 995.1 1067.2 1100.3 1215.6 1280.3 1334.6 1429.4 1543.5 (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 3 parts remaining
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