Question #45

Reading: Reading 1 Multiple Regression

PDF File: Reading 1 Multiple Regression.pdf

Page: 20

Status: Unattempted

Part of Context Group: Q45-46 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) the joint significance of the independent variables. C) degree of correlation between the independent variables.
Question
The regression statistics above indicate that for the period under study, the independent variables (housing starts, mortgage interest rate) together explained approximately what percentage of the variation in the dependent variable (sales)?
Answer Choices:
A. 77.00
B. 9.80
C. 67.00
Explanation
The question is asking for the coefficient of determination.
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