Answered: Find the coefficient of determination

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Find the coefficient of determination

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

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	206
8.4	167
8.8	155
8.9	117
8.5	133
8	150

Find the coefficient of determination (Do not use Excel).

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