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SCENARIO 14-4

Question 31

Multiple Choice

SCENARIO 14-4 SCENARIO 14-4    14-10 Introduction to Multiple Regression -Referring to Scenario 14-4, when the builder used a simple linear regression model with house Size (House) as the dependent variable and family size (Size) as the independent variable, he Obtained an r2 value of 1.25%.What additional percentage of the total variation in house size has Been explained by including income in the multiple regression? A)  15.00% B)  70.64% C)  71.50% D)  73.62%
14-10 Introduction to Multiple Regression
-Referring to Scenario 14-4, when the builder used a simple linear regression model with house
Size (House) as the dependent variable and family size (Size) as the independent variable, he
Obtained an r2 value of 1.25%.What additional percentage of the total variation in house size has
Been explained by including income in the multiple regression?


A) 15.00%
B) 70.64%
C) 71.50%
D) 73.62%

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