Question: Based on the regression statistics below (from Project 1) and with 'Fortnightly earnings as the dependent variable, select the correct statement, Regression Statistics Multiple R

Based on the regression statistics below (from Project 1) and with 'Fortnightly earnings as the dependent variable, select the correct statement, Regression Statistics Multiple R 0.3167 R Square 0.1003 Adjusted R Square 0.0942 Standard Error 386.4711 Observations 150 Select one: a. There is a 31.67% chance the model is wrong O b. The average error when using the model to predict "Fortnightly earnings" is 10% O c. The average error when using the model to predict "Fortnightly earnings" is 10% O d. The average error when using the model to predict "Fortnightly earnings" is $386.47

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