Please find b

Practice Problems Question 6, 13.3.18 HW Score: 42.33%, 8.47 of 20 points Part 3 of 4 O Points: 0 of 1 Save A prospective MBA student would like to examine the factors that impact starting salary upon graduation and decides to develop a model that uses program per-year tuition as a predictor of starting salary. Data were collected for 37 full-time MBA programs offered at private universities. The results are displayed in the accompanying table, and the regression equation and other values are provided. Use this information to complete parts (a) through (c) below. Yj = - 14,734.8 + 2.4624X; [ Y, = 4,238,624, _ Y? = 524,935,884,470, _ XY = 234,676,652,831 1 = 1 i=1 Click the icon to view the data table. a. Determine the coefficient of determination, r, and interpret its meaning. 12 = .7580 (Round to four decimal places as needed.) What is the meaning of the coefficient of determination? O A. It measures the variability in the actual per-year tuition from the predicted number of starting salary. O B. It measures the variability in the actual starting salary from the predicted per-year tuition. O C. It is the proportion of the variation in per-year tuition that is explained by the variability in starting salary. D. It is the proportion of the variation in starting salary that is explained by the variability in per-year tuition. b. Determine the standard error of the estimate. Syx =(Round to two decimal places as needed.) Clear all Check answer an example Get more help