Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Considering the regression ouput below, about what percentage of the variability is described by the model? Round to the nearest whole number. Standard T
Considering the regression ouput below, about what percentage of the variability is described by the model? Round to the nearest whole number. Standard T Parameter Estimate Error Statistic CONSTANT -15607 3761.43 -4,14922 0 478.982 40.9 11.711 0 1915.5 154 444 12.4026 0 -3971.07 914.995 -4.33999 0 AGEP SCHL ENG Analysis of Variance Sum of Squares 7.76E+11 3 P Value Df Mean Square 2.59E+11 128 74 0 201E+09 F-Ratio P.. Value Source Model Residual 1BAE:12:1902 Total (Corr) 8.62E+12 3905 R-squared-9,00678 percent R-squared (adjusted for d.f.)-8.93682 percent
Step by Step Solution
There are 3 Steps involved in it
Step: 1
The Rsquared value also known as the coefficient of determination indicates the proportion of the va...
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Quantitative Investment Analysis
Authors: Richard A. DeFusco, Dennis W. McLeavey, Jerald E. Pinto, David E. Runkle
3rd edition
111910422X, 978-1119104544, 1119104548, 978-1119104223
