FREE Trial S
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Using Excel, I have a result of R squared = 0.00026 or .026%... that means only .026% of the data in my regression model can

Using Excel, I have a result of R squared = 0.00026 or .026%... that means only .026% of the data in my regression model can be explained. I assume then that to develop a regression model would not be appropriate for my scatterplot. What are the alternatives?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Applied Linear Regression

Applied Linear Regression

Authors: Sanford Weisberg

4th Edition

ISBN: 1118789555, 9781118789551

More Books

Students also viewed these Mathematics questions

Question

★★★★★
According to FASB Statement No. 140, what three conditions must be met to record the transfer of receivables with recourse as a sale?

Answered: 1 week ago

Question

★★★★★
Hemisphere, LLC is planning to outsource its 51-person information technology (IT) department to Dyonyx. Hemispheres president believes this move will allow access to cutting-edge technologies and...

Answered: 1 week ago

Question

★★★★★
Did the researcher use peer debriefing and member checks? Did the researcher prepare a statement of beliefs and share those with the peer debriefer?

Answered: 1 week ago

Question

★★★★★
The trial balance of the Estate of Tom Beresford at April 17, 200X is as follows Debit (Credit) Principal cash ............$20,750 GM Stock ................$50,000 GMAC Bonds .............$100,000...

Answered: 1 week ago

Question

★★★★★
in the last picture, need help with part B! The following transactions are for Blossom Company. 1 On December 3, Blossom Company sold $521,000 of merchandise to Sunland Co on account, terms...

Answered: 1 week ago

Question

★★★★★
1. Why do you think the regions are not responding to Wilkess initiative for change? What did Wilkes do wrong with respect to implementing the change? 2. Should Wilkes solicit more active support...

Answered: 1 week ago

Question

★★★★★
Homework: Chapter 9 Homework (required) Save Score: 0 of 1 pt 5 of 9 (2 complete) HW Score: 15.08%. 1.36 of 9 pts E9-28A (similar to) Question Help 0 Smith Corporation has found that 70% of its sales...

Answered: 1 week ago

Question

★★★★★
2. (34%) The frame is subjected to a vertical 13 kip force at E and a horizontal 10 kip force a B. Neglect the self-weight of the frame. Find the internal forces (axial, shear, and bending moment) at...

Answered: 1 week ago

Question

★★★★★
Lightning Electronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees earned wages totaling $70,000 but that...

Answered: 1 week ago

Question

★★★★★
Bob and Marcus are buying a house. They have $22000 for a down payment. The house price is $176000. They have secured a 25 year loan with an annual interest rate of 4.3% compounded monthly, Use Excel...

Answered: 1 week ago

Question

★★★★★
The pin-connected structure consists of two cold-rolled steel [E-26,000 ksil bars (1) and a bronze [E 12,000 ksi) bar (2) that are connected at pin D. Each steel bar has a cross-sectional area of...

Answered: 1 week ago

Question

★★★★★
Use the Dividend Discount Model to calculate the intrinsic value for Pepsi (PEP). Explain your assumptions for the discount rate and the expected dividend growth rate. Use the expected dividend...

Answered: 1 week ago

Question

★★★★★
1. Parsley City joined with two other cities to create a regional landfill authority. The initial cash investment by each community was as follows: Parsley City $15 million Sage City $10 million...

Answered: 1 week ago

Question

★★★★★
1. Effort is important.

Answered: 1 week ago

Question

★★★★★
2. Set up two points representing the pillars of your values system. Discuss this with the others in the group.

Answered: 1 week ago

Question

★★★★★
8. Find values in the Norwegian culture that you believe have been stable over a long period. Do you feel that these values say something about your own values?

Answered: 1 week ago

Previous QuestionNext Question