Find and interpret the coefficient of determination for the regression of the percentage change in the Dow

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Find and interpret the coefficient of determination for the regression of the percentage change in the Dow Jones index in a year based on the percentage change in the index over the first five trading days of the year. Compare your answer with the sample correlation found for these data. Use the data file Dow Jones.
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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