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An OLS (simple regression) analysis is conducted and the fitted regression line is found to be y= 1 + 4.25x. The output shows that SST
An OLS (simple regression) analysis is conducted and the fitted regression line is found to be y= 1 + 4.25x. The output shows that SST = 2.0, SSR = 1.2, and SSE = 0.8. The percent of variation in y explained by x in the OLS analysis is:
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