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The Following Estimated Regression Equation Was Developed Relating Yearly Income y^\hat { y }

Question 76

Multiple Choice

The following estimated regression equation was developed relating yearly income (y in $1000s) of 30 individuals with their age (x1) and their gender (x2) (0 if male and 1 if female) . y^\hat { y } = 30 + .7x1 + 3x2

Also provided are SST = 1200 and SSE = 384.The multiple coefficient of determination is


A) .32.
B) .42.
C) .68.
D) .50.

Correct Answer:

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