You used the plate gap on the bag-sealing equipment to predict the tear rating of a bag

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You used the plate gap on the bag-sealing equipment to predict the tear rating of a bag of coffee (stored in Starbucks). Using the results of that problem.
a. Determine the coefficient of determination, r2, and interpret its meaning.
b. Determine the standard error of the estimate.
c. How useful do you think this regression model is for predicting the tear rating based on the plate gap in the bag-sealing equipment?
For Information: Problem 13.7
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Statistics For Managers Using Microsoft Excel

ISBN: 9780133130805

7th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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