If an estimated regression model Y = a + bX yielded an r 2 of .64, we

Question:

If an estimated regression model Ŷ =  a + bX yielded an r2 of .64, we could say (choose one):

(a) 64 percent of the variation in the dependent variable was explained by the independent variable.

(b) The sample correlation between Y and X was 0.80.

(c) 64 percent of the data points lie on the regression line.

(d) a and b only.

(e) None of the above.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Marketing Research

ISBN: 9781119497639

13th Edition

Authors: V. Kumar, Robert P. Leone, David A. Aaker, George S. Day

Question Posted: