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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