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A magazine used the summated rating of 10 restaurants to predict the cost of a restaurant meal. For that data, SSR= 133,295.11 and SST = 140,966.67. Complete parts (a) through (c). a. Determine the coefficient of determination, 2, and interpret its meaning. 20.9456 (Round to four decimal places as needed.) Interpret the meaning of r². It means that % of the variation in the cost of a meal (Round to two decimal places as needed.) be explained by the variation in summated ratings.

A magazine used the summated rating of 10 restaurants to predict the cost of a restaurant meal. For that data, SSR= 133,295.11 and SST = 140,966.67. Complete parts (a) through (c). a. Determine the coefficient of determination, 2, and interpret its meaning. 20.9456 (Round to four decimal places as needed.) Interpret the meaning of r². It means that % of the variation in the cost of a meal (Round to two decimal places as needed.) be explained by the variation in summated ratings.

Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 32A: A manufacturer estimates that 15,500 pieces per day could be produced with the installation of new...
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A magazine used the summated rating of 10 restaurants to predict the cost of a restaurant meal. For that data, SSR = 133,295.11 and SST = 140,966.67. Complete parts (a) through (c). a. Determine the coefficient of determination, r², and interpret its meaning. 2 = = 0.9456 (Round to four decimal places as needed.) Interpret the meaning of r². It means that% of the variation in the cost of a meal (Round to two decimal places as needed.) be explained by the variation in summated ratings.
Transcribed Image Text:A magazine used the summated rating of 10 restaurants to predict the cost of a restaurant meal. For that data, SSR = 133,295.11 and SST = 140,966.67. Complete parts (a) through (c). a. Determine the coefficient of determination, r², and interpret its meaning. 2 = = 0.9456 (Round to four decimal places as needed.) Interpret the meaning of r². It means that% of the variation in the cost of a meal (Round to two decimal places as needed.) be explained by the variation in summated ratings.
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