Question: Percentage of variation The following MINITAB output presents a multiple

Percentage of variation: The following MINITAB output presents a multiple regression equation.
a. What percentage of the variation in the response is explained by the multiple regression equation?
b. What percentage of the variation in the response is explained by the multiple regression equation, if we account for the number of explanatory variables in the model?
c. Is the multiple regression equation useful for prediction? Explain. Use the a = 0.05 level.

View Solution:


Sale on SolutionInn
Sales0
Views86
Comments
  • CreatedOctober 05, 2015
  • Files Included
Post your question
5000