Multiple Choice
Instruction 13.19
You decide to predict petrol prices in different cities and towns in Australia for your term project. Your dependent variable is price of petrol per litre and your explanatory variables are per capita income, the number of firms that manufacture automobile parts in and around the city, the number of new business starts in the last year, population density of the city, percentage of local taxes on petrol and the number of people using public transportation. You collected data of 32 cities and obtained a regression sum of squares SSR = 122.8821. Your computed value of standard error of the estimate is 1.9549.
-Referring to Instruction 13.19,the value of adjusted r2 is
A) 95.5414.
B) 0.6472.
C) 0.5626.
D) 0.4576.
Correct Answer:
Verified
Correct Answer:
Verified
Q45: Instruction 13.38<br>A weight-loss clinic wants to
Q47: AU: Question 37 is the same
Q48: In a multiple regression problem involving two
Q49: Instruction 13.2<br>A lecturer in industrial relations
Q51: Instruction 13.31<br>A microeconomist wants to determine how
Q52: Instruction 13.31<br>A microeconomist wants to determine how
Q53: Instruction 13.7<br>You worked as an intern
Q54: Instruction 13.16<br>A real estate builder wishes
Q55: Instruction 13.35<br>The education department's regional executive officer
Q94: The slopes in a multiple regression model