Consider the following data for a dependent variable y and two independent variables, ₁ and 2; for these data SST = 15,224.4, and SSR = 14,052.5. x1 У 94 109 Round your answers to three decimal places. a. Compute R² . b. Compute R. 30 47 24 51 41 51 75 36 59 76 X2 13 11 18 16 5 20 8 13 13 16 112 179 94 176 170 118 143 211 c. Does the estimated regression equation explain a large amount of the variability in the data? - Select your answer - ✓ Explain. Hint: If R is greater than 70%, the model explains a large amount of variability. Since the adjusted coefficient of determination is - Select your answer than 70%, the model - Select your answer-explain a large amount of variability.

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Consider the following data for a dependent variable y and two independent variables, ₁ and 2; for these data SST = 15,224.4, and SSR = 14,052.5.
x1
y
94
Round your answers to three decimal places.
a. Compute R².
b. Compute R².
30
47
24
51
41
51
75
36
59
76
X2
13
11
18
16
5
20
8
13
13
16
109
112
179
94
176
170
118
143
211
c. Does the estimated regression equation explain a large amount of the variability in the data?
- Select your answer - V
Explain. Hint: If R is greater than 70%, the model explains a large amount of variability.
Since the adjusted coefficient of determination is - Select your answer than 70%, the model - Select your answer-explain a large amount of variability.
Transcribed Image Text:Consider the following data for a dependent variable y and two independent variables, ₁ and 2; for these data SST = 15,224.4, and SSR = 14,052.5. x1 y 94 Round your answers to three decimal places. a. Compute R². b. Compute R². 30 47 24 51 41 51 75 36 59 76 X2 13 11 18 16 5 20 8 13 13 16 109 112 179 94 176 170 118 143 211 c. Does the estimated regression equation explain a large amount of the variability in the data? - Select your answer - V Explain. Hint: If R is greater than 70%, the model explains a large amount of variability. Since the adjusted coefficient of determination is - Select your answer than 70%, the model - Select your answer-explain a large amount of variability.
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