A random sample of records of sales of homes in a city gives the Price and Size (in square feet) of 117 homes. A regression to predict Price (in thousands of dollars) from Size has an R of 63.8%. Write a sentence in context summarizing what the R says about this regression. ..... Choose the correct answer below. O A. A linear model on Size accounts for 63.8% of the variation in home Price. B. A linear model on Price accounts for 36.2% of the variation in home Size. O C. A linear model on Size accounts for 79.9% of the variation in home Price. O D. A linear model on Price accounts for 79.9% of the variation in home Size. O E. A linear model on Size accounts for 36.2% of the variation in home Price. O F. A linear model on Price accounts for 63.8% of the variation in home Size.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question

Mm1

A random sample of records of sales of homes in a city gives the Price and Size (in square
feet) of 117 homes. A regression to predict Price (in thousands of dollars) from Size has an
R of 63.8%. Write a sentence in context summarizing what the R says about this
regression.
.....
Choose the correct answer below.
A. A linear model on Size accounts for 63.8% of the variation in home Price.
B. A linear model on Price accounts for 36.2% of the variation in home Size.
C. A linear model on Size accounts for 79.9% of the variation in home Price.
D. A linear model on Price accounts for 79.9% of the variation in home Size.
E. A linear model on Size accounts for 36.2% of the variation in home Price.
O F. A linear model on Price accounts for 63.8% of the variation in home Size.
Transcribed Image Text:A random sample of records of sales of homes in a city gives the Price and Size (in square feet) of 117 homes. A regression to predict Price (in thousands of dollars) from Size has an R of 63.8%. Write a sentence in context summarizing what the R says about this regression. ..... Choose the correct answer below. A. A linear model on Size accounts for 63.8% of the variation in home Price. B. A linear model on Price accounts for 36.2% of the variation in home Size. C. A linear model on Size accounts for 79.9% of the variation in home Price. D. A linear model on Price accounts for 79.9% of the variation in home Size. E. A linear model on Size accounts for 36.2% of the variation in home Price. O F. A linear model on Price accounts for 63.8% of the variation in home Size.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman