Question: Given the below output, interpret R-squared. Note: the response variable is Charges chaffiriante. Residual standard error: 11380 on 1332 degrees of freedom Mu7tiple R-squared: 0.1203,

Given the below output, interpret R-squared. Note: the response variable is

Charges chaffiriante. Residual standard error: 11380 on 1332 degrees of freedom Mu7tiple

Given the below output, interpret R-squared. Note: the response variable is Charges chaffiriante. Residual standard error: 11380 on 1332 degrees of freedom Mu7tiple R-squared: 0.1203, Adjusted R-squared: 0.117 F-statistic: 36.44 on 5 and 1332 DF, p-value:

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