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Find the coefficient of determination (Do not use Excel). a) 0.2948 O b) None of the answers are correct O c) 0.6948 O d) 0.3948 O e) 0.4948

Find the coefficient of determination (Do not use Excel). a) 0.2948 O b) None of the answers are correct O c) 0.6948 O d) 0.3948 O e) 0.4948

MATLAB: An Introduction with Applications
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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To determine how the number of housing starts is affected by mortgage rates an economist recorded the average mortgage rate and the number of housing starts in a large county for the past 10 years. These data are listed here. Use a 5% significance level. Rate Starts 8.5 115 7.8 111 7.6 185 7.5 201 8.0 206 8.4 167 8.8 155 8.9 117 8.5 133 8.0 150 Find the coefficient of determination (Do not use Excel). a) 0.2948 b) None of the answers are correct c) 0.6948 d) 0.3948 e) 0.4948
Transcribed Image Text:To determine how the number of housing starts is affected by mortgage rates an economist recorded the average mortgage rate and the number of housing starts in a large county for the past 10 years. These data are listed here. Use a 5% significance level. Rate Starts 8.5 115 7.8 111 7.6 185 7.5 201 8.0 206 8.4 167 8.8 155 8.9 117 8.5 133 8.0 150 Find the coefficient of determination (Do not use Excel). a) 0.2948 b) None of the answers are correct c) 0.6948 d) 0.3948 e) 0.4948
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