The dean of the Business School at a small Florida college wishes to determine whether the grade-point average (GPA) of a graduatingstudent can be used to predict the graduate's starting salary. More specifically, the dean wants to know whether higher GPAS lead tohigher starting salaries. Records for 23 of last year's Business School graduates are selected at random, and data on GPA (x) and startingsalary (y, in $thousands) for each graduate were used to fit the modelEly) = Bo + B1xThe results of the simple linear regression are provided below.y = 4.25 + 2.75x, SSxy = 5.15, SSxx = 1.87SSyy = 15.17, SSE = 1.0075Calculate the value of r2, the coefficient of determination.O 0.872O 0.339O 0.934O 0.661

Given that : A regression equation. Y( cap ) = 4.25 + 2.75X SSXX = 1.87 SSXy = 5.15 SSyy = 15.17…

Answered: The results of the simple linear…

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 results of the simple linear regression are provided below. y = 4.25 + 2.75x, SSy = 5.15, SSxx = 1.87 SSyy = 15.17, SSE = 1.0075 Calculate the value of r2, the coefficient of determination. O 0.872 0.339 O 0.934 O 0.661