The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal

Question:

The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal pension plans for nine years. The equation of the regression line is ŷ = 0.177x + 450.146.

Use the data to find

(a) The coefficient of determination r² and interpret the result,

(b) The standard error of estimate s_e and interpret the result.

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Elementary Statistics Picturing The World

ISBN: 9780321911216

6th Edition

Authors: Ron Larson, Betsy Farber

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Question Posted: Nov 24, 2015 08:17 AM

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The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal

Question:

IRAS, r 2619 2533 2993 3299 3652 Federal pension plans, y 860 894 9581023 1072 IRAs. x 4207 4784 3585 4251 Federal pension plans, y 1141 1197 12211324

Step by Step Answer:

a About 749 of the variation in assets in federal pension plans can ...View the full answer

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