Question
Exhibit 1
According to Exhibit 1,
The variation on Y explained by X1, X2, X3, X4, X5, X6 and X7 (Coefficient of Determinations) is approximately
Regression Statistics Multiple R 0.7351 R Square
.54 Adjusted R Square
.46 Standard Error 16.91 Observations
? ANOVA
df SS MS F Significance F Regression ?=p ? SSR
? ? 0.06 Residual
?=n-p-1 ? SSE ? Total ?=n-1 26,120
Coefficients Standard Error t Stat P-value Intercept 10.34 14.89 0.00 Age 1.47 0.32 0.00 Educ 0.20 0.38 0.51 Married -6.71 6.09 0.28 Head -17.91 5.91 0.00 Tenure 0.27 0.48 0.57 Manager -27.79 8.48 0.00 Sales -18..83 6.60 0.01
Explanation / Answer
54%