Question: help SUMMARY OUTPUT Regression Statistics Multiple R 0.860008109 R Square 0.739613948 Adjusted R 0.725148056 Square Standard Error 150801.271 Observations 20 Coefficients P-value Lower 95% Upper

 help SUMMARY OUTPUT Regression Statistics Multiple R 0.860008109 R Square 0.739613948Adjusted R 0.725148056 Square Standard Error 150801.271 Observations 20 Coefficients P-value Lower

help

95% Upper 95% Intercept 713994.2 0.000 594330.96 833657.51 Earnings -9.5 0.000 -12.3196-6.72Given the output above, what is the correct answer? O Earnings is

SUMMARY OUTPUT Regression Statistics Multiple R 0.860008109 R Square 0.739613948 Adjusted R 0.725148056 Square Standard Error 150801.271 Observations 20 Coefficients P-value Lower 95% Upper 95% Intercept 713994.2 0.000 594330.96 833657.51 Earnings -9.5 0.000 -12.3196 -6.72Given the output above, what is the correct answer? O Earnings is the explanatory variable in the regression model The coefficient of correlation is positive O The estimated regression equation is Y = 713994.2 + 9.5 (Earnings) O Earnings is not a significant predictor of Y

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!