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According to the Regression Analysis Output Below, How Much of the Variability

Question 11

Multiple Choice

According to the regression analysis output below, how much of the variability in tourism revenue is accounted for by the number of foreign visitors? Regression Analysis: Tourism (\$bill) versus visitors (mill) The regression equation is: Tourism (\$ bill) =21.5+0.295= 21.5 + 0.295 visitors (mill)
 Predictor  Coef  SE Coef  Constant 21.4643.462 Visitors (mill)  0.294970.07917\begin{array} { l r r } \text { Predictor } & \text { Coef } & \text { SE Coef } \\ \text { Constant } & 21.464 & 3.462 \\ \text { Visitors (mill) } & 0.29497 & 0.07917 \end{array}
S=2.58307RSq=63.4%S = 2.58307 \quad \mathrm { R } - \mathrm { Sq } = 63.4 \%


A) 63.4 %
B) 13.8 %
C) 2.58 billion $
D) 21.464 %
E) 3.73 billion $

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