Author Question: Using the Minitab output below, what is the coefficient of determination? a.0.243 b.0.507 ... (Read 97 times)

savannahhooper · **on:** Jun 24, 2018

Using the Minitab output below, what is the coefficient of determination?

a.0.243
b.0.507
c.0.021
d.0.493

Question 2

What is the interpretation of

in the following equation, Value = -118 + 5.99 Pasture - 56 Woods?

a.

is the expected change in Value for a 1-unit increase in Pasture and a 1-unit increase in Woods.
b.

is the expected change in Total Value for a 1-unit increase in Pasture while Woods is held constant.
c.

is the expected change in Pasture for a 1-unit increase in Woods.
d.

is the point where the line crosses the y-axis.

tkempin · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

correct: d

Answer to Question 2

correct: b

savannahhooper · **Reply 2 on:** Jun 24, 2018

Wow, this really help

TheDev123

Thanks for the timely response, appreciate it