In a simple linear regression analysis, it was stated that the ...

[chads108]

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

[tuate]

Answer to Question 1

F

Answer to Question 2

T

[chads108]

Gracias!

[nathang24]

Thanks for the timely response, appreciate it