A Multiple Regression Analysis Produced the Following Tables The Coefficient of Multiple Determination Is ____________

question 46

Multiple Choice

A multiple regression analysis produced the following tables. $$\begin{array} { | c | c | c | c | c | } \hline \text { Predictor } & \text { Coefficients } & \text { Stardard Error } & t \text { Statistic } & p \text {-value } \\\hline \text { Irtercept } & 624.5369 & 78.49712 & 7.956176 & 6.88 E - 06 \\\hline \boldsymbol { x } _ { 1 } & 8.569122 & 1.652255 & 5.186319 & \mathbf { 0 . 0 0 0 3 0 1 } \\\hline \mathbf { x } _ { 2 } & 4.736515 & 0.699194 & 6.774248 & \mathbf { 3 . 0 6 E - 0 5 } \\\hline\end{array}$$ $$\begin{array} { | c | c | c | c | c | c | } \hline \text { Source } & \mathrm { df } & \text { SS } & \text { MS } & F & p \text {-value } \\\hline \text { Repression } & 2 & 1660914 & \mathbf { 8 3 0 4 5 7 . 1 } & 58.31956 & 1.4 \mathrm { E } - 06 \\\hline \text { Residual } & 11 & 156637.5 & 14239.77 & & \\\hline \text { Total } & 13 & 1817552 & & & \\\hline\end{array}$$ The coefficient of multiple determination is ____________.

• A)0.0592
• B)0.9138
• C)0.1149
• D)0.9559
• E)1.0000

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Definitions:

High-low Method

A technique used in managerial accounting to estimate variable and fixed cost components of a cost by analyzing the highest and lowest activity levels.

Electrical Cost

Electrical cost refers to the expenses incurred from the use of electricity, often a significant component of utility costs for homes and businesses.

Machine-hour

A measure of the amount of time a machine is run, often used as a basis for allocating manufacturing overhead to products.

High-low Method

A technique used in cost accounting to estimate fixed and variable costs associated with production by using the highest and lowest levels of activity.