members (in millions) for ten different HMOs and obtained the summary data below. Ex = 21.09 Sxx = 8.93 = 15.09 = 10.21 Ly = 31.97 Syy= Sxy= Which of the following best represents the proportion of the variation in revenue that is explained by its linear relationship with numbers of members? 0.774 n = 10

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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As approaches to health-care coverage change, Health Maintenance Organizations (HMOs) are
growing in popularity. Some business analysts wondered how the increase in popularity affected
the financial health of the HMOs, They collected data on revenue (y, in $ billions) and numbers of
members (in millions) for ten different HMOs and obtained the summary data below.
Σχ = 21.09
Ey = 31.97
Sxx = 8.93
Syy = 15.09 Sxy = 10.21
Which of the following best represents the proportion of the variation in revenue that
nati
explained by its linear relationship with numbers of members?
0.774
0.880
1.134
0.993
0.925
40
n = 10
Transcribed Image Text:As approaches to health-care coverage change, Health Maintenance Organizations (HMOs) are growing in popularity. Some business analysts wondered how the increase in popularity affected the financial health of the HMOs, They collected data on revenue (y, in $ billions) and numbers of members (in millions) for ten different HMOs and obtained the summary data below. Σχ = 21.09 Ey = 31.97 Sxx = 8.93 Syy = 15.09 Sxy = 10.21 Which of the following best represents the proportion of the variation in revenue that nati explained by its linear relationship with numbers of members? 0.774 0.880 1.134 0.993 0.925 40 n = 10
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