Reported magazine newsstand sales were used to predict audited sales for 10 magazines. For that data, SSR = 132,536.09 and SST = 140,592.17. Complete parts (a) through (c). a. Determine the coefficient of determination, r, and interpret its meaning. 2= 0.9427 (Round to four decimal places as needed.) Interpret the meaning of r. It means that 94.27 % of the variation in audited newsstand sales can be explained by the variation in reported newsstand sales. (Round to two decimal places as needed.) b. Determine the standard error of the estimate. Syx=11.2195 (Round to four decimal places as needed.)
Reported magazine newsstand sales were used to predict audited sales for 10 magazines. For that data, SSR = 132,536.09 and SST = 140,592.17. Complete parts (a) through (c). a. Determine the coefficient of determination, r, and interpret its meaning. 2= 0.9427 (Round to four decimal places as needed.) Interpret the meaning of r. It means that 94.27 % of the variation in audited newsstand sales can be explained by the variation in reported newsstand sales. (Round to two decimal places as needed.) b. Determine the standard error of the estimate. Syx=11.2195 (Round to four decimal places as needed.)
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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plz answer part b
Transcribed Image Text:Reported magazine newsstand sales were used to predict audited sales for 10 magazines. For that data, SSR = 132,536.09 and SST = 140,592.17. Complete parts (a) through (c).
a. Determine the coefficient of determination, r, and interpret its meaning.
= 0.9427 (Round to four decimal places as needed.)
Interpret the meaning of r.
It means that 94.27 % of the variation in audited newsstand sales can
be explained by the variation in reported newsstand sales.
(Round to two decimal places as needed.)
b. Determine the standard error of the estimate.
Syx = 11.2195 (Round to four decimal places as needed.)
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