Inferential and Predictive Statistics for Business | Online Course Support

Based on the following simple linear regression, how much of the dependent variable can be explained by the independent variable? SUMMARY OUTPUT Regression Statistics

ByAdmin September 1, 2021September 1, 2021

Question 10

Based on the following simple linear regression, how much of the dependent variable can be explained by the independent variable?

SUMMARY OUTPUT

Regression Statistics

Multiple R	0.58
R Square	0.34
Adjusted R Square	0.31
Standard Error	3.09
Observations	30.00

ANOVA

	df	SS	MS	F	Significance F
Regression	1	136.8	136.8	14.3	0.0007446
Residual	28	267.2	9.5
Total	29	404.0

	Coefficients	Standard Errors	t Stat	P-value	Lower 95%	Upper 95%
Intercept	43.45	6.98	6.23	0.00	29.16	57.74
X Variable 1	0.17	0.04	3.79	0.00	0.08	0.26

1 point

0.17

0.31

0.34

0.58

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