The table shows the total square footages (in billions) of retailing space at shopping centers and their
Question:
The table shows the total square footages (in billions) of retailing space at shopping centers and their sales (in billions of dollars) for 11 years. The equation of the regression line is ŷ = 445.257x - 1480.117.
Use the data to find
(a) The coefficient of determination r2 and interpret the result,
(b) The standard error of estimate se and interpret the result.
Transcribed Image Text:
Total square footage, r Sales. y 5.3 5.4 5.5 5.7 5.86.0 893.8 933.9 980.0 1032.4 1105.3 1181.1 Total square6.1 footage, r 62 6.4 6.5 6.7 Sales, y 1221.7 1277.2 1339.2 1432.6 1530.4
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a About 992 of the variation in sales can be explained ...View the full answer
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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