Consider the following output ANOVA 1 Regression Residual Total 24102816.74 6793

Question

Consider the following output

ANOVA

1 Regression

Residual

Total

24102816.74

67936830.74

92039647.48

1

4413

4414

24102816.74

15394.70

1565.66

.061

2 Regression

Residual

Total

37263918.08

54775729.39

92039647.48

2

4412

4414

18631959.04

12415.17

1500.74

.013

3 Regression

Residual

Total

48416528.95

43623118.52

92039647.48

3

4411

4414

16138842.98

9889.62

1631.90

.049

Which model would you choose for the analysis?

Model 1

Model 2

Model 3

None

What percentage of variance is explained by the model of your choice in question above

65.9%
57.3%
81.2%
75.7%

Model R R square Adjusted R square Std Error of Estimate Durbin-Watson 1 .812 .659 .632 124.07540 2 .707 0.500 .428 99.21975 3 .757 0.573 .528 99.15493 2.027

Explanation / Answer

Model2

81.2%

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