Question: You begin by fitting the full model to the data.The output from Excel is shown below.What percentage of the variability in total winnings can be
You begin by fitting the full model to the data.The output from Excel is shown below.What percentage of the variability in total winnings can be explained by this regression model?

SUMMARY OUTPUT Regression Statistic Multiple R 0.6323 R Square 0.3998 Adjusted R 0.3808 Square Standard 955906.5328 Error Observations 196 ANOVA df F significance SS MS F Regression 6 1. 15061E+14 1.92E+13 20.98678 0.00000001 Residual 189 1.727E+14 9.14E+11 Total 195 2.87761E+14 Coefficients Standard Error t Stat P-value Intercept 20163652.75 7057190.798 2.8572 0.0048 Age 6988.57 11874.41109 0.5885 0.5569 Avg_Drive -4952.80 13056.35137 0.3793 0.7049 Accuracy -53042.73 19588.82078 2.7078 0.0074 Green_Percent 209582.33 29966.34362 6.9939 0.0001 Avg_Putts -16384300.87 3184492.13 5.1450 0.0001 Save_Percent 32189.14 13519.17464 2.3810 0.0183
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
