Question #138

Reading: Reading 1 Multiple Regression

PDF File: Reading 1 Multiple Regression.pdf

Page: 68

Status: Unattempted

Part of Context Group: Q138-139 First in Group
Shared Context
- In this multiple regression, the F-statistic indicates the: A) deviation of the estimated values from the actual values of the dependent variable. B) degree of correlation between the independent variables. C) the joint significance of the independent variables.
Question
The regression statistics indicate that for the period under study, the independent variables (housing starts, mortgage interest rate) together explain approximately what percentage of the variation in the dependent variable (sales)?
Answer Choices:
A. 67.00
B. 9.80
C. 77.00
Explanation
The question is asking for the coefficient of determination.
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