Question #19

Reading: Reading 1 Multiple Regression

PDF File: Reading 1 Multiple Regression.pdf

Page: 8

Status: Unattempted

Part of Context Group: Q18-19
Shared Context
- What is the expected salary (in $1,000) of a woman with 16 years of education and 10 years of experience? A) 65.48. B) 59.18. C) 54.98.
Question
The percentage of the variation in the stock return explained by the variation in the industry index return is closest to:
Answer Choices:
A. 72.1%
B. 63.2%
C. 84.9%
Explanation
The coefficient of determination, R2, is the square the correlation coefficient. 0.8492, = 0.721.
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