Multiple Choice
TABLE 12-11
A computer software developer would like to use the number of downloads (in thousands) for the trial version of his new shareware to predict the amount of revenue (in thousands of dollars) he can make on the full version of the new shareware. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different sharewares that he has developed:
-Referring to Table 12-11, which of the following is the correct interpretation for the coefficient of determination?
A) 74.67% of the variation in revenue can be explained by the variation in the number of downloads.
B) 75.54% of the variation in revenue can be explained by the variation in the number of downloads.
C) 74.67% of the variation in the number of downloads can be explained by the variation in revenue.
D) 75.54% of the variation in the number of downloads can be explained by the variation in revenue.
Correct Answer:
Verified
Correct Answer:
Verified
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