QUESTION 8h) What is the R Square of this model? What does it mean? Use the information in ANOVA table to calculate R square.For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). The following sample data contains the number of years of college and the current annual salary for a random sample of heavy equipment salespeople. A researcher believes that spending more years in collegeleads to higher annual income. (80 points)Annual IncomeYears in College(In Thousands)31.2235.939.054.6443.7328.157.7446.8362.4460.8SUMMARY OUTPUTRegression StatisticsMultiple R0.959R Square0.919Adjusted R Square0.909Standard Error3.756Observations10.000ANOVAdfSSMSFSignificance FRegression1.0001,285.2451,285.24591.1050.000Residual8.000112.85814.107Total9.0001,398.103Lower 95% Upper 95% Lower 95.0% Upper 95.0%(1.591)9.613Coefficients itandard Erroit StatP-valueIntercept7.9954.1571.9230.09117.581(1.591)17.581Years in College12.6751.3289.5450.00015.7379.61315.737

Answered: QUESTION 8 h) What is the R Square of…

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 8 h) What is the R Square of this model? What does it mean? Use the information in ANOVA table to calculate R square.