Energy consumption is claimed to be a good predictor of Gross National Product. An economist recorded the energy consumption ( ) x and the Gross National Product ( ) y for eight countries. The data are shown in the table below: Energy Consumption ( ) x 3.4 7.7 12.0 75 58 67 113 131 Gross National Product ( ) y 55 240 390 1100 1390 1330 1400 1900 vii. Find the coefficient of determination and interpret its value. viii. Give the ANOVA table for this problem
Energy consumption is claimed to be a good predictor of Gross National Product. An economist recorded the energy consumption ( ) x and the Gross National Product ( ) y for eight countries. The data are shown in the table below: Energy Consumption ( ) x 3.4 7.7 12.0 75 58 67 113 131 Gross National Product ( ) y 55 240 390 1100 1390 1330 1400 1900 vii. Find the coefficient of determination and interpret its value. viii. Give the ANOVA table for this problem
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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QUESTION THREE
Energy consumption is claimed to be a good predictor of Gross National Product. An economist recorded the energy consumption ( ) x and the Gross National Product ( ) y for eight countries. The data are shown in the table below:
Energy Consumption ( ) x 3.4 7.7 12.0 75 58 67 113 131
Gross National Product ( ) y 55 240 390 1100 1390 1330 1400 1900
vii.
Find the coefficient of determination and interpret its value.
viii.
Give the ANOVA table for this problem.
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