Ten observations were provided for a dependent variable y and two independent variables x, and x₂; for these data, SST 15,185.9 and SSR - 14,053.3. (a) Compute R². (Round your answer to three decimal places.) R² (b) Compute R.2. (Round your answer to three decimal places.) (c) Does the estimated regression equation explain a large amount of the variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to one decimal place.) ---Select--- ✓, after adjusting for the number of independent variables in the model, we see that % of the variability in y has been accounted for. Need Help? Read It Watch It
Ten observations were provided for a dependent variable y and two independent variables x, and x₂; for these data, SST 15,185.9 and SSR - 14,053.3. (a) Compute R². (Round your answer to three decimal places.) R² (b) Compute R.2. (Round your answer to three decimal places.) (c) Does the estimated regression equation explain a large amount of the variability in the data? Explain. (For purposes of this exercise, consider an amount large if it is at least 55%. Round your answer to one decimal place.) ---Select--- ✓, after adjusting for the number of independent variables in the model, we see that % of the variability in y has been accounted for. Need Help? Read It Watch It
Chapter4: Linear Functions
Section: Chapter Questions
Problem 30PT: For the following exercises, use Table 4 which shows the percent of unemployed persons 25 years or...
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