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Author Question: In a simple linear regression analysis, it was stated that the correlation between starting salary ... (Read 39 times)

chads108

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on: Jul 24, 2018
In a simple linear regression analysis, it was stated that the correlation between starting salary and years of experience is 0.80 . This indicates that 80 of the variation in starting salary is explained by years of experience.
  Indicate whether the statement is true or false

Question 2

The regression model y = 36.5 + 20.1x has been computed based on a sample of 50 observations. One observation in the sample was (x, y) = (14, 350.9). Given this, the residual value for this observation is 33.
  Indicate whether the statement is true or false


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tuate

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Reply #1 on: Jul 24, 2018
Answer to Question 1

F

Answer to Question 2

T


chads108

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Reply 2 on: Jul 24, 2018
Wow, this really help

adf223

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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