The dean of the Business School at a small Florida college wishes to determine whether the grade-point average (GPA) of a graduate student can be used to predict the graduates starting salary. Records for 23 of last year’s Business School graduates were selected and the following least-squares regression line was calculated to predict starting salary (y) from GPA (x) and R2=.78. A) Circle the correct interpretation of R2.\ B) Suppose that you were one of the graduates in the study and the residual was negative. This means that
The dean of the Business School at a small Florida college wishes to determine whether the grade-point average (GPA) of a graduate student can be used to predict the graduates starting salary. Records for 23 of last year’s Business School graduates were selected and the following least-squares regression line was calculated to predict starting salary (y) from GPA (x) and R2=.78. A) Circle the correct interpretation of R2.\ B) Suppose that you were one of the graduates in the study and the residual was negative. This means that
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter1: Functions
Section1.2: The Least Square Line
Problem 8E
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The dean of the Business School at a small Florida college wishes to determine whether the grade-point average (GPA) of a graduate student can be used to predict the graduates starting salary. Records for 23 of last year’s Business School graduates were selected and the following least-squares regression line was calculated to predict starting salary (y) from GPA (x) and R2=.78.
A) Circle the correct interpretation of R2.\
B) Suppose that you were one of the graduates in the study and the residual was negative. This means that
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