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Exhibit 14-2 The Station Manager of a Local Television Station Is Interested

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Exhibit 14-2
The station manager of a local television station is interested in predicting the amount of television (in hours)that people will watch in the viewing area.The explanatory variables are: X1 age (in years),X2 education (highest level obtained,in years)and X3 family size (number of family members in household).The multiple regression output is shown below:
Exhibit 14-2 The station manager of a local television station is interested in predicting the amount of television (in hours)that people will watch in the viewing area.The explanatory variables are: X<sub>1</sub> age (in years),X<sub>2</sub> education (highest level obtained,in years)and X<sub>3</sub> family size (number of family members in household).The multiple regression output is shown below: -Refer to Exhibit 14-2.Identify and interpret the percentage of variation explained (R<sup>2</sup>)for the model. Exhibit 14-2 The station manager of a local television station is interested in predicting the amount of television (in hours)that people will watch in the viewing area.The explanatory variables are: X<sub>1</sub> age (in years),X<sub>2</sub> education (highest level obtained,in years)and X<sub>3</sub> family size (number of family members in household).The multiple regression output is shown below: -Refer to Exhibit 14-2.Identify and interpret the percentage of variation explained (R<sup>2</sup>)for the model. Exhibit 14-2 The station manager of a local television station is interested in predicting the amount of television (in hours)that people will watch in the viewing area.The explanatory variables are: X<sub>1</sub> age (in years),X<sub>2</sub> education (highest level obtained,in years)and X<sub>3</sub> family size (number of family members in household).The multiple regression output is shown below: -Refer to Exhibit 14-2.Identify and interpret the percentage of variation explained (R<sup>2</sup>)for the model.
-Refer to Exhibit 14-2.Identify and interpret the percentage of variation explained (R2)for the model.

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