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 se and interpret the result.
Transcribed Image Text:
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
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Related Book For
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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