A researcher estimates a regression to test the effect of educational attainment (X) on the average earnings of individuals (Y). The sample correlation coefficient (r) between years of educational attainment and the average earnings of individuals from a sam of 115 individuals was calculated to be 0.29. The value of the regression R will be (Round your answer to two decimal places.) The value of R indicates that the regressor (years of educational attainment) is V at predicting the regressand (avera earnings of individuals). good not very good

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A researcher estimates a regression to test the effect of educational attainment (X;) on the average earnings of individuals (Y).
The sample correlation coefficient (r) between years of educational attainment and the average earnings of individuals from a samp
of 115 individuals was calculated to be 0.29.
The value of the regression R will be
(Round your answer to two decimal places.)
The value of R indicates that the regressor (years of educational attainment) is
at predicting the regressand (avera
earnings of individuals).
good
not very good
Enter your answer in the answer box.
W
DOLL
e here to search
Transcribed Image Text:A researcher estimates a regression to test the effect of educational attainment (X;) on the average earnings of individuals (Y). The sample correlation coefficient (r) between years of educational attainment and the average earnings of individuals from a samp of 115 individuals was calculated to be 0.29. The value of the regression R will be (Round your answer to two decimal places.) The value of R indicates that the regressor (years of educational attainment) is at predicting the regressand (avera earnings of individuals). good not very good Enter your answer in the answer box. W DOLL e here to search
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