In: Math
A scientific study on speed limits gives the following data table.
Average speed limit | Average annual fatalities |
---|---|
25 | 16 |
27 | 29 |
29 | 38 |
32 | 71 |
35 | 93 |
Using technology, it was determined that the total sum of squares (SST) was 4029.2, the sum of squares regression (SSR) was 3968.4, and the sum of squares due to error (SSE) was 60.835. Calculate R2 and determine its meaning. Round your answer to four decimal places.
Select the correct answer below:
R2=0.0153
Therefore, 1.53% of the variation in the observed y-values can be explained by the estimated regression equation.
R2=0.9849
Therefore, 98.49% of the variation in the observed y-values can be explained by the estimated regression equation.
R2=0.0151
Therefore, 1.51% of the variation in the observed y-values can be explained by the estimated regression equation.
R2=1.0153
Therefore, 10.153% of the variation in the observed y-values can be explained by the estimated regression equation.