Question: A study was designed to examine the relationship between the TIME (in days) to complete a construction project and SUBCONTRACT, the number of sub-contractors involved.

A study was designed to examine the relationship between the TIME (in days) to complete a construction project and SUBCONTRACT, the number of sub-contractors involved. The regression results are given below.

What is R-square for this model?

Summary of Fit

RSquare 0.713
RSquare Adj 0.691
Root Mean Square Error 14.232
Mean of Response 38.333
Observations (or Sum Wgts) 15.000

Analysis of Variance

Source DF Sum of Squares Mean Square F Ratio
Model 1 6540.018 6540.018 32.286
Error 13 2633.316 202.563 Prob > F
C. Total 14 9173.333 <.0001*

Lack Of Fit

Source DF Sum of Squares Mean Square F Ratio
Lack Of Fit 8 2251.3157 281.414 3.6834
Pure Error 5 382.0000 76.400 Prob > F
Total Error 13 2633.3157 0.0836

Parameter Estimates

Term Estimate Std Error t Ratio Prob>|t|
Intercept -12.321 9.642 -1.28 0.2237
Subcontract 6.439 1.133 5.68 <.0001*

A..844
B.32.286
C.15
D..713

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