What is the degree of the correlation between sales and display area in square feet? The sales of 14 store branches and display area(in square feet) were obtained. The objective is to predict sales in terms of area of dispslay. Data were encoded into MS Excel. Output is shown below. REGRESSION STATISTICS Multiple R 0.954 R Square 0.910 Adjusted R square 0.902 S
What is the degree of the correlation between sales and display area in square feet? The sales of 14 store branches and display area(in square feet) were obtained. The objective is to predict sales in terms of area of dispslay. Data were encoded into MS Excel. Output is shown below. REGRESSION STATISTICS Multiple R 0.954 R Square 0.910 Adjusted R square 0.902 S
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section: Chapter Questions
Problem 4SGR
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Question
What is the degree of the correlation between sales and display area in square feet?
The sales of 14 store branches and display area(in square feet) were obtained. The objective is to predict sales in terms of area of dispslay. Data were encoded into MS Excel. Output is shown below.
REGRESSION STATISTICS
Multiple R 0.954
R Square 0.910
Adjusted R square 0.902
Standard Error 936.85
Observations 14
Coefficients Standard t stat
Error
Intercept 901.25 513.02 1.76
Size 1.69 0.15 11.00
CHOICES
A. 0.15, low positive
B. 0.910, high positive
C. 0.954, high positive
D. 0.902, high positive
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