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ID: 3326063 • Letter: T

Question

the frequency distribution below was the frequency distribution below was the frequency distribution below was the frequency distribution below was Con. 205 1. A regression was pertormed on a FINAL EXAM equation is tions. The estimated sample of 16 observations Y = 23.5-14 28 ×, The standard error for the coefficient s.6 15.68 × +677%, = 524, 2 points) Sbl = 4.2 For this model, SST = 3809.6 Sea 2.8 Sta= 5.6 S SE SSR = 3285.4 a. Compute and interpret the coefficie pret of determination? (2 3809, 6 ariables b. Test for the the 5% level of Conclusion (3 points) of overall significance of the relationship among the v Conclusion (3 rsignificance. State Hypotheses, Rejection Rule and The uelue for reety the OF dhe Significance at 59° iSt2NR we could also conclude the first ne tha theHurd U are reul helping Inthe Cohtlule to 6 ¢ Second lautor is no Sigriice

Explanation / Answer

Coefficient of determination

R2 = SSR / SST = 3285.4 / 3809.6 = 0.8624

i.e. 86.24 % variability of Y is explained by the linear model.