SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression...
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SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Income Time Spent Days until Xmas 0.88012 0.77461 0.77190 56.6927 253 df 3 249 252 Coefficients Standard Error 70.2382 5.4585 0.9409 SS MS 2750450.3598 916816.787 800301.8665 3214.0637 3550752.226 -0.8828 15.8338 0.2485 0.3612 0.03629 t Stat 4.4360 21.9696 2.6048 -24.3298 F 285.2516 P-value 0.000014 0.000 0.009745 0.000 Significance F 0.000 Lower 95% 39.053 4.9692 0.2295 -0.9543 Upper 95% 101.4234 5.9479 1.6523 -0.8114 D D Question 40 What percentage of the variation in Total Order Amount is explained by Income. Time Spent, and Days Until Christmas? IMPORTANT: Enter your answer rounded to 2 decimal places Question 41 What is the average error we would make when using this estimated regression equation to predict Total Order Amount? IMPORTANT: Round your answer to 2 decimal places 1 pts 1 pts SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Income Time Spent Days until Xmas 0.88012 0.77461 0.77190 56.6927 253 df 3 249 252 Coefficients Standard Error 70.2382 5.4585 0.9409 SS MS 2750450.3598 916816.787 800301.8665 3214.0637 3550752.226 -0.8828 15.8338 0.2485 0.3612 0.03629 t Stat 4.4360 21.9696 2.6048 -24.3298 F 285.2516 P-value 0.000014 0.000 0.009745 0.000 Significance F 0.000 Lower 95% 39.053 4.9692 0.2295 -0.9543 Upper 95% 101.4234 5.9479 1.6523 -0.8114 D D Question 40 What percentage of the variation in Total Order Amount is explained by Income. Time Spent, and Days Until Christmas? IMPORTANT: Enter your answer rounded to 2 decimal places Question 41 What is the average error we would make when using this estimated regression equation to predict Total Order Amount? IMPORTANT: Round your answer to 2 decimal places 1 pts 1 pts SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Income Time Spent Days until Xmas 0.88012 0.77461 0.77190 56.6927 253 df 3 249 252 Coefficients Standard Error 70.2382 5.4585 0.9409 SS MS 2750450.3598 916816.787 800301.8665 3214.0637 3550752.226 -0.8828 15.8338 0.2485 0.3612 0.03629 t Stat 4.4360 21.9696 2.6048 -24.3298 F 285.2516 P-value 0.000014 0.000 0.009745 0.000 Significance F 0.000 Lower 95% 39.053 4.9692 0.2295 -0.9543 Upper 95% 101.4234 5.9479 1.6523 -0.8114 D D Question 40 What percentage of the variation in Total Order Amount is explained by Income. Time Spent, and Days Until Christmas? IMPORTANT: Enter your answer rounded to 2 decimal places Question 41 What is the average error we would make when using this estimated regression equation to predict Total Order Amount? IMPORTANT: Round your answer to 2 decimal places 1 pts 1 pts SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total Intercept Income Time Spent Days until Xmas 0.88012 0.77461 0.77190 56.6927 253 df 3 249 252 Coefficients Standard Error 70.2382 5.4585 0.9409 SS MS 2750450.3598 916816.787 800301.8665 3214.0637 3550752.226 -0.8828 15.8338 0.2485 0.3612 0.03629 t Stat 4.4360 21.9696 2.6048 -24.3298 F 285.2516 P-value 0.000014 0.000 0.009745 0.000 Significance F 0.000 Lower 95% 39.053 4.9692 0.2295 -0.9543 Upper 95% 101.4234 5.9479 1.6523 -0.8114 D D Question 40 What percentage of the variation in Total Order Amount is explained by Income. Time Spent, and Days Until Christmas? IMPORTANT: Enter your answer rounded to 2 decimal places Question 41 What is the average error we would make when using this estimated regression equation to predict Total Order Amount? IMPORTANT: Round your answer to 2 decimal places 1 pts 1 pts
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What percentage of the variation in Total Order Amount is explained by Income Time Spent and Days Un... View the full answer
Related Book For
Introduction to Probability and Statistics
ISBN: 978-1133103752
14th edition
Authors: William Mendenhall, Robert Beaver, Barbara Beaver
Posted Date:
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