Essay
A regression model involving 3 independent variables for a sample of 20 periods resulted in the following sum of squares.
Sum of Squares
Regression 90
Residual Error) 100
a. Compute the coefficient of determination and fully explain its meaning.
b. At α = 0.05 level of significance, test to determine whether or not there is a significant relationship between the independent variables and the dependent variable.
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a. 0.4737; 47.37% of variation in the de...View Answer
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