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4. What is the value of the coefficient of determination? A. 0.8261 B. 0.7436 C. 0.8623 Kenneth...

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4. What is the value of the coefficient of determination?

image text in transcribedA. 0.8261 B. 0.7436 C. 0.8623

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Kenneth McCoin, CFA, is a fairly tough interviewer. Last year, he handed each job applicant a sheet of paper with the information in the following table, and he then asked several ques- tions about regression analysis. Some of McCoin's questions, along with a sample of the answers he received to each, are given below. McCoin told the applicants that the indepen- dent variable is the ratio of net income to sales for restaurants with a market cap of more than $100 million and the dependent variable is the ratio of cash flow from operations to sales for those restaurants. Which of the choices provided is the best answer to each of McCoin's questions? Regression Statistics Multiple R 0.8623 R 0.7436 Standard error 0.0213 Observations 24 ANOVA df SS MSS F Significance F Regression 0.029 0.029000 63.81 0 Residual 22 0.010 0.000455 Total 23 0.040 Coefficients Standard 1-Statistic p-Value Error Intercept 0.077 0.007 11.328 0 Slope 0.826 0.103 7.988. 0

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Quantitative Investment Analysis

Quantitative Investment Analysis

ISBN: 9781119743620

4th Edition

Authors: CFA Institute

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