Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 11, 2024

I have a r squared off 15% in my regression analysis. with y = -638.45x + 51822 R = 0.1589. What does that mean in

I have a r squared off 15% in my regression analysis. with y = -638.45x + 51822 R = 0.1589. What does that mean in regards to the correlation of the two variables? it's a linear regression.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

Recommended Textbook for

Global Strategy

Authors: Mike W. Peng

5th Edition

0357512367, 978-0357512364

Students also viewed these Mathematics questions

Question

★★★★★

Bonnie, who is single, reports a zero taxable income in 2016. Bonnie itemizes her deductions and takes the personal exemption. She reports positive AMT timing adjustments of $200,000 and other AMT...

Answered: 1 week ago

Question

★★★★★

=d. Some argue that market inefficiencies contain the seeds of their own destruction. In what ways does your answer to this problem illustrate the logic of this statement, if at all?

Answered: 1 week ago

Question

★★★★★

2.34 Prime Minister's Children The table below shows the names of 22 selected prime ministers of Canada along with the number of children in their family. a. Construct a relative frequency histogram...

Answered: 1 week ago

Question

★★★★★

Harristown Hockey Club (HHC) maintains a petty cash fund for minor club expenditures. The petty cash custodian, Wayne Crosby, describes the events that occurred during the last two months: a. I...

Answered: 1 week ago

Question

★★★★★

Which method provides more confidence, the payback method or the net present value method? A) Payback because it provides a good timetable. B) Payback because it tells you when you break even. C) Net...

Answered: 1 week ago

Question

★★★★★

ASAP please Swifty Company purchased a new van for floral deliveries on January 1, 2021. The van cost $46000 with an estimated life of 5 years and $15000 salvage value at the end of its useful life....

Answered: 1 week ago

Question

★★★★★

How is the Target breach different from the TJ Maxx breach? How would you have approached those, knowing what you know now?

Answered: 1 week ago

Question

★★★★★

A _ ("pi-minus") particle, which has charge _ e , is at location5.0010 -9 ,-2.0010 -9 ,-7.0010 -9 m. What is the electric field at location m, due to the _ particle? = An antiproton (same mass as the...

Answered: 1 week ago

Question

★★★★★

Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise...

Answered: 1 week ago

Question

★★★★★

1.You decided to sell Treasury bill futures contracts with a quoted price was 92-50. When you close this position, the quoted price was 91-75. Determine the profit or loss per contract, ignoring...

Answered: 1 week ago

Question

★★★★★

DBC, TDABC, and ABC The Bienestar Cardiology Clinic has two major activities: diagnostic and treatment. The two activities use four resources: nursing, medical technicians, cardiologists, and...

Answered: 1 week ago

Question

★★★★★

Sullivan Ranch Corporation has purchased a new tractor. The following information is given: Cost: $150,000 Estimated Residual: $10,000 Estimated Life in years: 4 Estimated Life in hours: 1200 Actual...

Answered: 1 week ago

Question

★★★★★

What is cost measurement? Cost accumulation? What is the difference between the two? LO1

Answered: 1 week ago

Question

★★★★★

Why is actual costing rarely used for product costing? LO1

Answered: 1 week ago

Question

★★★★★

Explain the differences between job-order costing and process costing. LO1

Answered: 1 week ago

Previous Question Next Question