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What is your R squared (variance explained)? Is it sufficient to proceed? File Home Insert Page Layout Formulas Data Review View Cut Calibri Wrap Text

What is your R squared (variance explained)? Is it sufficient to proceed?

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File Home Insert Page Layout Formulas Data Review View Cut Calibri Wrap Text General Copy .0 .00 Cond Forma Paste Format Painter Blu- - Clipboard Font Alignment Number J11 275 2.1531 300 1.6622 450 3.9937 650 3.3375 Intercept 0.9575 Slope 0.0044 The equation for the market pay = 0.9575 +0.0044 X 7 SUMMARY OUTPUT 9 Rearession Statistics 0 Multiple F 0.704861 11 R Square 0.496829 12 AdiustedI 0.245244 13 Standard 0.928427 4 Observati 4 16 ANOVA MS gnificance F 8 Regressio 19 Residual 20 Total 1 1.702226 1.702226 1.974794 0.295139 2 1.723953 0.861976 3 3.426179 coefficientandard Err t Stat P-value Lower 95%Up er 95%ower 95.09'0 er 95.0% 23 Intercept 0.957534 1.381895 0.692914 0.5600114.98828 6.903346 -4.98828 6.903346 0.004368 0.003108 1.405274 0.295139-0.00901 0.017742 -0.00901 0.017742 Sheet1 Sheeto Sheet7 ( SheetB Sheet9 / Sheet2 Sheet3 Sheet4 Sheet5 . Sheet10 Sheet11

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