The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands of dollars. The summary output for the regression model is given below. df SS Regression 17 23.5789245 Residual 58 4.991045036 Total 75 28.56996954 ANOVA MS F Significance F 1.38699556 16.11801573 4.8263E-16 0.08605250 Step 1 of 3: What is the coefficient of determination for this model, R²? Round your answer to four decimal places.

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Author:Amos Gilat
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The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands of
dollars. The summary output for the regression model is given below.
df
SS
Regression 17 23.5789245
Residual 58 4.991045036
75 28.56996954
Total
ANOVA
MS
1.38699556
0.08605250
F
16.11801573
Significance F
4.8263E-16
Step 1 of 3: What is the coefficient of determination for this model, R²? Round your answer to four decimal places.
Transcribed Image Text:The owner of a new pizzeria in town wants to study the relationship between weekly revenue and advertising expenditures. All measures are recorded in thousands of dollars. The summary output for the regression model is given below. df SS Regression 17 23.5789245 Residual 58 4.991045036 75 28.56996954 Total ANOVA MS 1.38699556 0.08605250 F 16.11801573 Significance F 4.8263E-16 Step 1 of 3: What is the coefficient of determination for this model, R²? Round your answer to four decimal places.
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