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88 MULTIPLE CHOICE Question 4 Listen A swim club is interested in its members' swim times for each distance. The data analysts gathered data and plotted it on a scatterplot with the x-axis represent- ing the distance swam and the y-axis representing the swim time. A linear re- gression was used to model the data where r=0.83. What is the value and interpretation of r²? Hint: Calculate r2 by squaring the r value. The explanatory variable is on the x-axis. The response variable is on the y-axis. Interpret r² as: About percent of the variation in the response variable can be ex- plained by the explanatory variable. A r²=0.9110 About 91.1% of the variation in the change of swim time can be ex- plained by the distance swam. B r²=0.6889 About 68.89% of the variation in the change of swim time can be explained by the distance swam. C r²=0.6889 About 68.89% of the variation in the change of the distance swam can be explained by the swim time. Points

88 MULTIPLE CHOICE Question 4 Listen A swim club is interested in its members' swim times for each distance. The data analysts gathered data and plotted it on a scatterplot with the x-axis represent- ing the distance swam and the y-axis representing the swim time. A linear re- gression was used to model the data where r=0.83. What is the value and interpretation of r²? Hint: Calculate r2 by squaring the r value. The explanatory variable is on the x-axis. The response variable is on the y-axis. Interpret r² as: About percent of the variation in the response variable can be ex- plained by the explanatory variable. A r²=0.9110 About 91.1% of the variation in the change of swim time can be ex- plained by the distance swam. B r²=0.6889 About 68.89% of the variation in the change of swim time can be explained by the distance swam. C r²=0.6889 About 68.89% of the variation in the change of the distance swam can be explained by the swim time. Points

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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88 MULTIPLE CHOICE Question 4 Listen A swim club is interested in its members' swim times for each distance. The data analysts gathered data and plotted it on a scatterplot with the x-axis represent- ing the distance swam and the y-axis representing the swim time. A linear re- gression was used to model the data where r=0.83. What is the value and interpretation of r²? Hint: Calculate r2 by squaring the r value. The explanatory variable is on the x-axis. The response variable is on the y-axis. Interpret r² as: About percent of the variation in the response variable can be ex- plained by the explanatory variable. A r²=0.9110 About 91.1% of the variation in the change of swim time can be ex- plained by the distance swam. B r²=0.6889 About 68.89% of the variation in the change of swim time can be explained by the distance swam. C r²=0.6889 About 68.89% of the variation in the change of the distance swam can be explained by the swim time. Points
Transcribed Image Text:88 MULTIPLE CHOICE Question 4 Listen A swim club is interested in its members' swim times for each distance. The data analysts gathered data and plotted it on a scatterplot with the x-axis represent- ing the distance swam and the y-axis representing the swim time. A linear re- gression was used to model the data where r=0.83. What is the value and interpretation of r²? Hint: Calculate r2 by squaring the r value. The explanatory variable is on the x-axis. The response variable is on the y-axis. Interpret r² as: About percent of the variation in the response variable can be ex- plained by the explanatory variable. A r²=0.9110 About 91.1% of the variation in the change of swim time can be ex- plained by the distance swam. B r²=0.6889 About 68.89% of the variation in the change of swim time can be explained by the distance swam. C r²=0.6889 About 68.89% of the variation in the change of the distance swam can be explained by the swim time. Points
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