Multiple Choice
A local shopping mall would like to better understand the effectiveness of its security guards in preventing shoplifting.The mall's operation manager uses simple linear regression to develop an equation that predicts the number of daily shoplifting incidents at the mall's stores based on the number of security guards employed. The slope of the regression line is b = -1.2; the intercept of the regression line is a = 14.5.The value of r2 here is:
A) 0.52
B) 0.68
C) 0.82
D) 2.15
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Residual analysis makes use of a plot
Q33: Vicente Management is trying to identify a
Q34: Home Products.com believes there is a linear
Q35: The following data have been collected for
Q36: When the slope of a simple linear
Q38: In a simple linear regression, the least
Q39: Karina Burkholtz believes there is a linear
Q40: The regression printout below shows the results
Q41: Suppose a rental car company uses simple
Q42: In simple linear regression, there is an