Consider the Regression Model Y = 389

question 112

Short Answer

Consider the regression model Y = 389.10 - 14.6X.If the r² value is 0.657, what is the correlation coefficient?

---

Definitions:

Payee

The individual or entity to whom money is payable, typically the recipient of a check or electronic payment.

Demand Instrument

A financial document, like a check or promissory note, that is payable on demand or presentation.

Time Instrument

A financial document that specifies payment to be made at a future date.

Payee

The individual or entity to whom a payment is to be made.