Which one of the following statements regarding 0.581 on the summary output is correct?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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SUMMARY OUTPUT
Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
ANOVA
Regression
Residual
Total
0.58064672
0.337150613
0.325722175
28.73607083
60
df
1
58
59
SONNY'S
SS
MS
F
24360.81754 24360.81754 29.50102381
47894.18246
72255
825.7617666
Significance F
1.15405E-06
Upper 95%
81.52406252
Intercept
Coefficients Standard Error t Stat
P-value Lower 95%
56.95659334 12.27319518 4.640730674 2.02919E-05 32.38912416
Sale Amount
0.126993685 0.023381027 5.431484494 1.15405E-06 0.080191475 0.173795894
Ⓒ2020 Radha Bose Florida State University Department of Statistics
Which one of the following statements regarding 0.581 on the summary output is correct?
A. -0.581 is the Correlation for sale amount and predicted tip
B.
-0.581 is the Correlati for Tip and Predicted Tip
C. -0.581 is the Correlation for Sale Amount and Tip
D. 0.581 is the Correlation for Tip and Predicted Sale Amount
E. 0.581 is the Correlation for Tip and Predicted Tip
F. 0.581 is the Correlation for Sale Amount and Predicted Sale Amount
Transcribed Image Text:SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations ANOVA Regression Residual Total 0.58064672 0.337150613 0.325722175 28.73607083 60 df 1 58 59 SONNY'S SS MS F 24360.81754 24360.81754 29.50102381 47894.18246 72255 825.7617666 Significance F 1.15405E-06 Upper 95% 81.52406252 Intercept Coefficients Standard Error t Stat P-value Lower 95% 56.95659334 12.27319518 4.640730674 2.02919E-05 32.38912416 Sale Amount 0.126993685 0.023381027 5.431484494 1.15405E-06 0.080191475 0.173795894 Ⓒ2020 Radha Bose Florida State University Department of Statistics Which one of the following statements regarding 0.581 on the summary output is correct? A. -0.581 is the Correlation for sale amount and predicted tip B. -0.581 is the Correlati for Tip and Predicted Tip C. -0.581 is the Correlation for Sale Amount and Tip D. 0.581 is the Correlation for Tip and Predicted Sale Amount E. 0.581 is the Correlation for Tip and Predicted Tip F. 0.581 is the Correlation for Sale Amount and Predicted Sale Amount
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