Does R 2 = 0.90 indicate a good fit? Why?
Question:
Does R2 = 0.90 indicate a good fit? Why?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 83% (6 reviews)
An Rsquared value of 090 indicates a strong correlation between the independent and dependent variab...View the full answer
Answered By
Ayush Mishra
I am a certified online tutor, with more than 3 years of experience in online tutoring. My tutoring subjects include: Physics, Mathematics and Mechanical engineering. I have also been awarded as best tutor for year 2019 in my previous organisation. Being a Mechanical Engineer, I love to tell the application of the concepts of science and mathematics in the real world. This help students to develop interest and makes learning fun and easy. This in turn, automatically improves their grades in the subject. I teach students to get prepared for college entry level exam. I also use to teach undergraduate students and guide them through their career aim.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If you think a marathon is a long race, consider the Hardrock 100, a 100.5 mile running race held in southwestern Colorado. The chart which follows lists the times that the 2018 winner, Jeff...
-
If you think a marathon is a long race, consider the Hardrock 100, a 100.5 mile running race held in southwestern Colorado. The chart at right lists the times that the 2008 winner, Kyle Skaggs,...
-
Here are some data taken from the article Chemithermomechanical Pulp from Mixed High Density Hardwoods by Miller, Shankar, and Peterson (Tappi Journal, 1988). Given are the percent NaOH used as a...
-
Consider n x n real matrices A satisfying A = A = A-. (a) When n = 2, determine all such matrices. (b) Assuming that -1 is not an eigenvalue of A, determine all such nxn matrices.
-
Georges Inc. is considering issuing bonds to finance the acquisition of a nationwide chain of distributors of Georges products. Georges is contemplating two different types of bonds to raise the...
-
Use the Histogram tool to construct a frequency distribution of lunch sales amounts in the Restaurant Sales database.
-
Marketers have a keen interest in social media because of the notion of influence. The assumption is that you have certain friends on Facebook, or specific authors whom you follow on Twitter, who...
-
Delano Company uses two types of direct labor for the manufacturing of its products: fabricating and assembly. Delano has developed the following standard mix for direct labor, where output is...
-
Question 6 A Points 2 is a record of transactions involving the use of credit which includes loans, credit cards, and other types of debts. credit card credit check
-
Extrapolate the time series in Table 9.8 three time periods in the future. Use the TREND function. Why do you think it would not make sense to extrapolate this time series 10 time periods in the...
-
For the time series data presented in Table 9.10 calculate seasonal forecasts using the simple seasonal additive exponential smoothing model. If we plot the time series as illustrated in Figure 9.44...
-
In 2003, the government under George W. Bush implemented the Jobs and Growth Tax Relief Reconciliation Act, which lowered the rates on a number of taxes, including those on income from dividends and...
-
How do scholars and practitioners conceptualize the intricate dynamics of the technology cycle, encompassing phases of invention, innovation diffusion, adoption, maturation, and obsolescence, within...
-
What measures should be put in place to control the organization? Somebody has to be in charge. Which one? What mechanisms can they use to make sure that they always knew who's in charge of what in...
-
The light beam shown in the figure below makes an angle of 18.8 with the normal line NN' in the linseed oil. Determine the angles and 0. (The refractive index for linseed oil is 1.48.) 0 = Air...
-
rtment of an Kingston Company produces a hover board with a unit variable cost of $100 and a unit selling price of $176. Fixed manufacturing costs were $24,000 when 8,000 units were produced and...
-
During the cherry tariff what was the exporting price for cherries, and how much money in sales and income did farmers lose due to the cherry tariff in simple sentences?
-
A variable is normally distributed with mean 6 and standard deviation 2. a. Determine and interpret the quartiles of the variable. b. Obtain and interpret the 85th percentile. c. Find the value that...
-
Using the theoretical sampling strategy, how many samples of size 4 (n = 4) can be drawn from a population of size: (a) N = 5? (b) N = 8? (c) N = 16? (d) N = 50?
-
Barry, a recent engineering graduate, never took engineering economics. When he graduated, he was hired by a prominent architectural firm. The earnings from this job allowed him to deposit $750 each...
-
A local finance company will loan $10,000 to a homeowner. It is to be repaid in 24 monthly payments of $499 each. The first payment is due 30 days after the $10,000 is received. What interest rate...
-
Mr. San some withdrew $1000 from a savings account and invested it in common stock . At the end of 5 years, he sold the stock and received a check for $1307. If Mr. Sansome had left his $1000 in the...
-
Acaba de contratar a un nuevo cliente que lleva ms de un ao en el negocio y que ha estado utilizando Excel para hacer un seguimiento de su actividad empresarial mensual. Qu 2 funciones de QuickBooks...
-
Barrhaven-brew, a local Ottawa micro-brewery, recently merged with a bottle making plant in New York to complement its Barrhaven brewing facilities. Barrhaven-brew has two divisions: Bottle Making...
-
De qu dos formas puedes crear una plantilla personalizada para un proyecto? Duplicar una plantilla de QuickStart Importar una plantilla Descargar proyectos desde la pestaa de proyectos compartidos...
Study smarter with the SolutionInn App