table shows the average weekly wages (in arage Weekly Wages (state), x erage Weekly Wages (federal), y state government employees and federal government employees for 8 years. The equation of the regre 756 776 1001 1049 ) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? 800 1105 814 1142 836 1197 892 1241
table shows the average weekly wages (in arage Weekly Wages (state), x erage Weekly Wages (federal), y state government employees and federal government employees for 8 years. The equation of the regre 756 776 1001 1049 ) Find the coefficient of determination and interpret the result. (Round to three decimal places as needed.) How can the coefficient of determination be interpreted? 800 1105 814 1142 836 1197 892 1241
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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The table shows the average weekly wages (in dollars) for state government employees and federal government employees for 8 years. The equation of the regression line is y=1.482x-86.051. Complete parts (a) and (b) below.
Average Weekly Wages (state), x
933
949
Average Weekly Wages (federal), y
1285
1302
O
(a) Find the coefficient of determination and interpret the result.
2=0
(Round to three decimal places as needed.)
How can the coefficient of determination be interpreted?
O
The coefficient of determination is the fraction of the variation in average weekly wages for
and is represented by
(b) Find the standard error of estimate s, and interpret the result.
Se
(Round to two decimal places as needed.)
How can the standard error of estimate be interpreted?
The standard error of estimate of the average weekly wage for
Statcrunch
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1
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F
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756
1001
E
D
$
4
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776
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F
%
5
The remaining fraction of the variation,
T
G
800
1105
6
O
F6
for
Y
H
&
7
814
1142
average weekly wage for
U
that can be explained by the variation in average weekly wages for
V, is unexplained and is due to other factors or to sampling error.
* 00
8
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FB
1
9
836
1197
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0
G
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is about s dollars.
Time Remaining: 01:51:19 Next
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