The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal
Question:
The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal defined benefit (DB) plans for ten years. The equation of the regression line is ŷ = 0.140x + 453.959.
Use the data to
(a) Find the coefficient of determination r2 and interpret the result, and
(b) Find the standard error of estimate se and interpret the result.
Transcribed Image Text:
4748 3681 4488 5029 5153 IRAS, x Federal DB plans, y 978 1033 1095 1161 1230 IRAS, r 5785 6819 7292 7329 7850 Federal DB plans, y 1512 1595 1270 1370 1438
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a About 916 of the variation in asses in federal pension plans c...View the full answer
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780134683416
7th Edition
Authors: Ron Larson, Betsy Farber
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