kindly interpret the R squared In order to test its job candidates' technical skills, a company creates
Fantastic news! We've Found the answer you've been seeking!
Question:
kindly interpret the R squared
Transcribed Image Text:
In order to test its job candidates' technical skills, a company creates a timed Excel test (in minutes) to be completed during the interview. The company asks its candidates how many years they've been using Excel. Based on the reported years of experience using Excel, the company wants to predict how long it will take (in minutes) for an interviewee to complete the technical test. Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept years 0.92123 0.8486647 0.8446822 12.652934 40 SS MS Significance F 1 34116.2992 34116.2992 213.098 3.64563E-17 38 6083.675798 160.096732 39 40199.975 Coefficients Standard Error 124.25291 3.366677248 36.9066886 2.266-31 1174374269 131.06839 117.437427 131.06839 t Stot -5.3057596 0.363461019 14.597878 3.65E-17 -6.04154792 4.5699712 -6.04154792 -4.5699712 Pivolue Lower 95% Upper 95% Lower 95.0% Upper 95.0% Q: Write the regression line equation h In order to test its job candidates' technical skills, a company creates a timed Excel test (in minutes) to be completed during the interview. The company asks its candidates how many years they've been using Excel. Based on the reported years of experience using Excel, the company wants to predict how long it will take (in minutes) for an interviewee to complete the technical test. Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept years 0.92123 0.8486647 0.8446822 12.652934 40 SS MS Significance F 1 34116.2992 34116.2992 213.098 3.64563E-17 38 6083.675798 160.096732 39 40199.975 Coefficients Standard Error 124.25291 3.366677248 36.9066886 2.266-31 1174374269 131.06839 117.437427 131.06839 t Stot -5.3057596 0.363461019 14.597878 3.65E-17 -6.04154792 4.5699712 -6.04154792 -4.5699712 Pivolue Lower 95% Upper 95% Lower 95.0% Upper 95.0% Q: Write the regression line equation h
Expert Answer:
Answer rating: 100% (QA)
Regression Line Equation Y 12425291 53057596X Where Y is the time in minutes to complete the technic... View the full answer
Related Book For
Mathematical Statistics with Applications in R
ISBN: 978-0124171138
2nd edition
Authors: Chris P. Tsokos, K.M. Ramachandran
Posted Date:
Students also viewed these mechanical engineering questions
-
In order to test the wear on four hyperalloys, a test piece of each alloy was extracted from each of the three positions of a test machine. The reduction of weight in milligrams due to wear was...
-
In order to test the relative effectiveness of four different fertilizer mixtures on an orange crop, a Florida farmer applies the fertilizer and measures the yield per unit area when it harvests. The...
-
In order to test the applicability of the ideal gas equation of state to calculate the density of saturated steam, compare the specific volume of saturated steam obtained from the steam table with...
-
When Ralph Lauren makes shirts to a customers exact preferences, what utility is provided?
-
In Problem, graph each inequality subject to the non negative restrictions. 24x + 30y > 7,200, x 0, y 0
-
Draw a first-law bar chart (see Figure 19.12) for the gas process in Figure EX19.7. Figure 19.12 -V FIGURE EX19.7 (a) Isothermal process: AEh = 0 (b) Isochoric process: W = 0 (c) Adiabatic process: Q...
-
Write some interviewer instructions for in-home personal interviews to be conducted by students. How would your instructions change if the survey is administered in social media?
-
Suppose Sparrow Sporting Goods Company reported the following data at March 31, 2012, with amounts in thousands: Use these data to prepare Sparrow Sporting Goods Company's income statement for the...
-
3. (8 Points) Seven women and nine men are on the faculty in the mathematics department at a school. a. How many ways are there to select a committee of five members of the department if at least one...
-
The vice-president of sales and marketing, Madison Tremblay, is trying to plan for the coming year in terms of production needs to meet the forecasted sales. The board of directors is very supportive...
-
Let V be the volume of the icecream enclosed by the cone Z= + y and the sphere x + y + z = 4. Consider the following statements, 8 (1) V= cube units 3 (ii) v = Then. 2 7/4 2 [p sin odpdde 000 (i) is...
-
Figure 7.43 shows a stored procedure, UpdateStudent. Develop and build a new project, OracleUpdateStudent, and add code into the Update button event handler on the StudentFrame form class to call...
-
By setting the Concurrency Type property as UpdaTable to a ResultSet object, that ResultSet object can be used to perform data insert, update and delete actions to a database. (True/False)
-
A CallableStatement can either return a object and multiple ResultSet objects by using the executeQuery() method or return nothing by using the method. a. ResultSetMetaData, getResultSet() b. Cursor,...
-
By using which of the following static constant values can we set an UpdaTable Result object that has a cursor that can move either forward or backward? a. ResultSet.TYPE_FORWARD_ONLY b....
-
Choose the best statement. A. A subsidy to peanut growers lowers peanut growers costs, lowers the market price of peanuts, and increases the demand for peanuts. B. A price support for peanut growers...
-
5. Now use the CAPM/SML Equation to estimate each stock's required return. Use 9.5% as the required market return and the recent 10-year Treasury rate of 2.3% as the risk- free rate. Would you...
-
Solve the relation Exz:Solve therelation ne %3D
-
Let X1, . . ., Xn be a random sample from a geometric distribution with parameter p. Find the most powerful test of H0:pp0 versus Ha:p = pa (> p0). Is this UMP test for H0:p = p0 versus Ha: p > p0?
-
For the data of Exercise 13.3.3, obtain a 95% bootstrap confidence interval for .
-
Let the random variable X be normally distributed with mean 0 and variance 2. Show that E(X(2k + 1)) = 0, where k = 0, 1, 2,....
-
Using Mendels data from the experiment in Figure 2.8, conduct a chi square test to determine if the data agree with Mendels law of independent assortment. Mendels data: THE DATA P cross F1 generation...
-
On rare occasions, an organism may have three copies of a chromosome and therefore three copies of the genes on that chromosome (instead of the usual number of two copies). The alleles for each gene...
-
Outline the steps that occur when piRITS or piRISC silences transposable elements by repressing transcription and by directly inhibiting TE RNAs, respectively. What is the role of piRNAs in this...
Study smarter with the SolutionInn App