Interpret the following R 2 values: a. 0.744 b. 0.312 c. 0.004.
Question:
Interpret the following R2 values:
a. 0.744
b. 0.312
c. 0.004.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 90% (10 reviews)
a 0744 indicates that the model explains 744 of the variance in the depe...View the full answer
Answered By
Muhammad Arfan Rafique
I have been a computer science tutor for over four years now, and I have extensive experience in teaching students of all ages and levels of experience. I specialize in teaching computer science, programming, and web development courses. I have taught courses ranging from introductory courses for beginners to more advanced courses for experienced students.
0.00
0 Reviews
10+ Question Solved
Related Book For
Statistics For The Social Sciences A General Linear Model Approach
ISBN: 9781107576971
1st Edition
Authors: Russell T. Warne
Question Posted:
Students also viewed these Mathematics questions
-
R2. Using data described in Exercise 3, it is found that R2 = 0.68. Interpret that value. That is, what does that value tell us about the data?
-
a. Determine r and r2, and interpret your results. b. Find a 99% confidence interval for p, and interpret your result with regard to the test of H0: p = 0 versus HA: p 0 at = .01.
-
a. Determine r and r2 for each variable pair, and interpret your results. b. Test H0: p = 0 versus HA: p 0, and interpret your findings. c. Find a 95% confidence interval for p. Interpret your...
-
Why is Supplier Relationship is important to a business. explain
-
A study was conducted to compare automobile gasoline mileage for three formulations of gasoline. Four automobiles, all of the same make and model, were used in the experiment, and each formulation...
-
Explain how High-Frequency Traders (HFT) negatively affect market liquidity? Explain in detail so that it is easy to understand.
-
A new high-definition television costing $\$ 2,999$ is on a rent-to-own plan and is to be paid in 18 end-of-month payments (starting one month from now). The monthly payments are determined as...
-
For Everly Company, units to be produced are 5,000 in quarter 1 and 6,000 in quarter 2. It takes 1.5 hours to make a finished unit, and the expected hourly wage rate is $14 per hour. Prepare a direct...
-
1 . differentiate between data elements and data types 2 . distinguish among different types of modern databases 3 . explain how businesses identify risks and opportunities associated with emerging...
-
A boat has a uniform cross-sectional area at the water line of 750 m 2 . Fifteen cars of average mass 1200 kg are driven on board. Calculate the extra depth that the boat sinks in water of density...
-
Ahmed has four variables in his data. Three are independent variables: a nominal-level variable and two ratio-level variables. He also has an interval-level dependent variable. What is the...
-
Aaron has two interval-level independent variables and an interval-level dependent variable. His R 2 value is 0.110. a. Aaron adds another independent variable, and this increases the R 2 to 0.155....
-
Define information system.
-
Under what cost condition is the shutdown point the same as the point at which a firm exits the market?
-
Does the product differentiation in monopolistic competition make us better or worse off? Why?
-
Colleges give financial aid to certain students. Is this price discrimination? If so, should it be against the law?
-
True or false? For a market to have a coordination mechanism, money must be exchanged. Explain.
-
Copyrights provide authors with a monopoly. a. What effect would eliminating copyrights have on the price and output of textbooks? b. Should copyrights be eliminated?
-
(a) Find the total Coulomb force on a charge of 2.00 nC located at x = 4.00 cm in Figure 18.52(b), given that q = 1.00 C. (b) Find the x-position at which the electric field is zero in Figure...
-
Write a paper detailing a geographic information system (GIS) of your own design that would utilize data in an original manner.
-
In the same study 13 cancers of the digestive tract were observed, whereas only 2 cancers were expected. Are there an unusually high number of digestive cancers among cystic-fibrosis patients?...
-
Are there an unusually low number of cancers among cystic-fibrosis patients? Cancer, Neurology A study concerned the risk of cancer among patients with cystic fibrosis [5]. Given registries of...
-
Among cystic-fibrosis patients, 37 cancers were observed, whereas 45.6 cancers were expected. What distribution can be used to model the distribution of the number of cancers among cystic-fibrosis...
-
Why are gains/losses added back to (or deducted from) the cash from operations section of a cash flow statement?
-
Combination A, B, C, and F is the fifth most valuable with an NPV of $169,000. how did you came up with it?
-
Using a suitable example explain how you would check that equipment is ready for shut down to commence?
Study smarter with the SolutionInn App