# Question

In the regression model of Exercise 3,

a) What is the R2 for this regression? What does it mean?

b) Why is the “Adjusted R Square” in the table different from the “R Square”?

a) What is the R2 for this regression? What does it mean?

b) Why is the “Adjusted R Square” in the table different from the “R Square”?

## Answer to relevant Questions

Here is another part of the regression output for the movies in Exercise 3: a) Using the values from the table, show how the value of R2 could be computed. Don’t try to do the calculation, just show what is computed. b) ...Using the regression table in Exercise 13, answer the following questions. a) How was the t-ratio of 0.221 found for Police Officer Wage? (Show what is computed using numbers from the table.) b) How many states are used in ...A regression was performed to predict selling Price of houses in dollars from their Area in square feet, Lotsize in square feet, and Age in years. The R2 is 92%. The equation from this regression is given here. Price = ...The AFL-CIO has undertaken a study of 30 secretaries’ yearly salaries (in thousands of dollars). The organization wants to predict salaries from several other variables. The variables to be considered potential predictors ...Are there fundamental differences between liberal arts colleges and universities? In this case, we have information on the top 25 liberal arts colleges and the top 25 universities in the United States. We will consider the ...Post your question

0