Consider the following summary output, which was generated from a sample of 8 employees relating age to annual salary. SUMMARY OUTPUT Regression Statistics Multiple R 0.138089232 R Square 0.019068636 Adjusted R Square -0.144419925 Standard Error 1.46902996 Observations 8. ANOVA df SS MS F Regression 1 0.251706 0.252 0.116775 Residual 6. 12.948294 2.158 Total. 7. 13.2
Consider the following summary output, which was generated from a sample of 8 employees relating age to annual salary. SUMMARY OUTPUT Regression Statistics Multiple R 0.138089232 R Square 0.019068636 Adjusted R Square -0.144419925 Standard Error 1.46902996 Observations 8. ANOVA df SS MS F Regression 1 0.251706 0.252 0.116775 Residual 6. 12.948294 2.158 Total. 7. 13.2
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:Consider the following summary output, which was generated from a sample of 8 employees relating age to annual salary.
SUMMARY OUTPUT
Regression Statistics
Multiple R
0.138089232
R Square
0.019068636
Adjusted R Square
-0.144419925
Standard Error
1.46902996
Observations
8.
ANOVA
df
SS
MS
F
Regression
0.251706
0.252
0.116775
Residual
6.
12.948294
2.158
Total
13.2
wkes Learning

Transcribed Image Text:ANOVA
df
SS
MS
F
Regression
1
0.251706
0.252
0.116775
Residual
6.
12.948294
2.158
Total
13.2
Coefficients
Standard Error
t Stat
P-value
Intercept
3.159959142
2.65736782
1.189131
0.27931
Age
0.0226762
0.066397894
0.34152
0.744355
Step 2 of 2: What percentage of the variation in annual salary is explained by the model? Round your answer to two decimal places.
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