Question: Build a linear regression using percent branches as the predictor and percent deposits as the outcome. Based on your regression, please select the correct answer

Build a linear regression using percent branches as the predictor and percent deposits as the outcome. Based on your regression, please select the correct answer for each of the following questions:

(True/False) There is a statistically significant relationship between percent branches and percent deposits?

Answer 1Choose...7.8716.79.68False.07.96.47201TRUE

(True/False) The modeled linear relationship between Percent Branches and Percent Deposits meets all of the linear regression assumptions?

Answer 2Choose...7.8716.79.68False.07.96.47201TRUE

According to the regression, for each additional increase in percent branches, what is the expected increase in percent of deposits (rounded to 2 significant digits)?

Answer 3Choose...7.8716.79.68False.07.96.47201TRUE

What is the correlation between percent branches and percent deposits (rounded to two significant digits?

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