Author Question: In a simple linear regression analysis, it was stated that the correlation between starting salary ... (Read 91 times)

chads108 · **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