The variables circulation $\left(x_{1}\right)$ and advertising income $\left(x_{2}\right)$ are used to predict the annual profit of a daily newspaper ( $y$). A multiple correlation coefficient of 0.65 is obtained. For predicting annual profit on the basis of advertising income alone, a value of $r=0.78$ is found. Comment on these results.

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The Answer of The variables circulation $\left(x_{1}\right)$ and advertising income $\left(x_{2}\right)$ are used to predict the annual profit of a daily newspaper ( $y$). A multiple correlation coefficient of 0.65 is obtained. For predicting annual profit on the basis of advertising income alone, a value of $r=0.78$ is found. Comment on these results.

The Variables Circulation (x1)\left(x_{1}\right)(x1​) And Advertising Income (x2)\left(x_{2}\right)(x2​) Are Used to Predict the Annual Profit of a Daily

The Variables Circulation $\left(x_{1}\right)$ And Advertising Income $\left(x_{2}\right)$ Are Used to Predict the Annual Profit of a Daily