TABLE 14-4 A estate builder wishes to measured in and education size influ by fa
ID: 3251539 • Letter: T
Question
TABLE 14-4 A estate builder wishes to measured in and education size influ by family income is years. hundreds of of the head of household uenced Excel output is builder randomly income measured in size SUMMARY provided selected is and thousands of dollars, and education OUTPUT below: 50 es ran the multiple regression. Microsoft Regression statistics ple R R justed 0.865 Standard R Square Observations 5.195 50 ANOVA SS Signif F MS Residual 3605.7736 901.4434 0.0001 Total 1214.2264 26.9828 49 4820.0000 Coeff Std Error t Stat Intercept P-value -1.6335 5.8078 0.7798 0.281 Income 0.4485 0.1137 3.9545 0.0003 4.2615 0.8062 5.286 0.0001 School 0.6517 0.4319 1.509 0.1383 43. Referring to Table 14-4, what fraction ofthe variability in house size is explained by income, size of family, and education? a 27.0% b) 33.4% c) 74.8% d) 86.5% ANSWER: TYPE: MC DIFFICULTY: Easy KEYWORDS: coefficient of multiple determination, interpretationExplanation / Answer
43)74.8%
44)income size
45)24.88
Y= -1.6335+0.4485*(40)+4.2615*(4)-0.6517*(13) = 24.88
Related Questions
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.