Business, 17.03.2020 23:33 lisacarter0804
Look at the following regression output.
Y = Dealer List Price and X = Dealer Invoice Price
Regression Statistics
Multiple R 0.90482
R Square 0.81871
Adjusted R Square 0.773392
Standard Error 0.618233
Observations 6
Coefficient Standard Error t stat P-value
Intercept -3.8844 4.16062 -0.9336 0.4036
Invoice Prices 1.41776 0.33357 4.2502 0.0136
How much of the variability in Dealer List Prices is explained by Dealer Invoice prices?
a.
82%
b.
1%
c.
40%
d.
90%
Answers: 3
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Look at the following regression output.
Y = Dealer List Price and X = Dealer Invoice Pr...
Y = Dealer List Price and X = Dealer Invoice Pr...
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