Question: An analyst working for a consulting firm develops a multiple regression model to forecast the gross profit margin on consulting projects. He runs a regression

An analyst working for a consulting firm develops a multiple regression model to forecast the gross profit margin on consulting projects. He runs a regression model with 5 predictor variables using a sample of 40 engagements. The output is attached. What proportion of the variability in engagement profit is explained by this model?
MR Output2.jpg
Group of answer choices
62%
42.5%
5.5%
39%
.14%
100%

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