Question
In: Finance
Based on the below data what will be the value of multiple R?
Based on the below data what will be the value of multiple R?
| Regression Statistics | ||||
| Multiple R | ||||
| R Square | ||||
| Adjusted R Square | ||||
| Standard Error | ||||
| Observations | 8 | |||
| ANOVA | ||||
| df | SS | MS | F | |
| Regression | 1 | 32 | 32 | 8 |
| Residual | 6 | 28 | 4 | |
| Total | 7 | |||
| Coefficients | Standard Error | t Stat | P-value | |
| Intercept | 11 | 31.274666 | 3.984284 | 0.007248 |
| Advertising (thousands of $) | 19 | 6.19330674 | 1.610802 | 0.158349 |
Solutions
Expert Solution
R square = sum of squares of regression / (sum of square of regression + sum of square of residuals)
R square = 32/(32+28) = 0.5333
multiple R = SQRT (R square) = SQRT(0.5333) = 0.7303
Answer : 0.7303
jeff jeffy answered 2 years agoRelated Solutions
Based on the below data what will be the value of standard error? Regression Statistics Multiple...
Based on the below data what will be the value of standard
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Regression Statistics
Multiple R
R Square
Adjusted R Square
Standard Error
Observations
8
ANOVA
df
SS
MS
F
Regression
1
33
33.0
16.5
Residual
6
12
2.0
Total
7
Coefficients
Standard Error
t Stat
P-value
Intercept
9
31.274666
3.984284
0.007248
Advertising (thousands of $)
24
6.19330674
1.610802
0.158349
Submit
Answer format: Number: Round to: 2 decimal
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---
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