SCENARIO 14-4
14-10 Introduction to Multiple Regression
-Referring to Scenario 14-4, what fraction of the variability in house size is explained by income
And size of family?
A) 17.56%
B) 70.69%
C) 71.89%
D) 84.79%

Question

SCENARIO 14-4  
14-10 Introduction to Multiple Regression
-Referring to Scenario 14-4, what fraction of the variability in house size is explained by income
And size of family?
A) 17.56% 
B) 70.69% 
C) 71.89% 
D) 84.79%

Quizplus · Accepted Answer

The fraction of variability in house size explained by income and size of family is represented by the R-squared value, which is 71.89% in this scenario.