An owner of a moving company wanted to predict labor hours, based on the cubic feet moved

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An owner of a moving company wanted to predict labor hours, based on the cubic feet moved (stored in Moving). 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 labor hours?
For Information: Problem 13.6
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Statistics For Managers Using Microsoft Excel

ISBN: 772

7th Edition

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

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