Mathematics, 06.05.2020 06:16 TeenOlaflover
You conducted a regression analysis between Amount of Wealth in society (x) and the Stock Market Value (y) and the study yielded the following results. The r = 0.5, the Y intercept when x = 0 is 42, the slope of the regression line is 3. Using problem 1.4 you conducted further analysis and found out that the r = 0.80.
What is the R-Squared and what does it say about the previous regression you conducted?
a. The R-squared is 0.64 and it means that the independent value explains 64% of the dependent value in the simple regression analysis
b. The R-squared is 1.6 and it means that I am 160% sure the regression is correct
c. The R-squared is 1.6 and it means that 160% of the variation in the stock market can be explained by the variation in the Wealth of Society
d. The R-squared is 1.6 and it means that 160% of the variation in the dependent value (y) can be explained by the variation in the independent value (x)
e. The R-squared is 0.64 and it means that the dependent value explains 64% of the independent value in the simple regression analysis
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