Powell\'s Math 1070 Course lomework: Maskeup Assignment 1-5 ore: 0 of 1 pt 3-8 E

Question

Powell's Math 1070 Course lomework: Maskeup Assignment 1-5 ore: 0 of 1 pt 3-8 Each year a nationally recognized publication conducts its "Survey of America's Best Graduate and Profes 4-56 of 76 (47complete Hw Score: 58 42%, 44 4 Question Hei onal Schools An academic adwsor wants to predid the typical starting salary of a graduate at a top business schoot using CaMt se he school as a predictor vanable A simple linear regression of SALARY versus GMAT using 25 data points is shown below Best Graduate and Professional Schools An academic adwso Give a pracical interpretation of R2-066 The value of R2 indicates tat 66% of the OB. The vatue of R? indicates that SALARY Is estmated to increase 50 66 for every 1- pointinease in GM sample vanain in SARY can be "plained by using GMAT stugune nedel o c OC. The value ot R2 racates that SALARY can be predicted correcty 66% ofthe tme using GMAT nastraigtane model The value ot R2 nacates tat 66% ofthe dferences n SALARY are caused by dhrences in GMAT scores D.

Explanation / Answer

It is given in the question that R=Square is 0.66. The interpretation of this is that 66% of the sample variation in SALARY can be explained by using GMAT in a stright line method. so option A is right

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