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

question 1

Multiple Choice

A multiple regression analysis produced the following tables. $$\begin{array} { | c | c | c | c | c | } \hline \text { Predictor } & \text { Coefficients } & \text { Stardard Error } & \boldsymbol { t } \text { Statistic } & p \text {-value } \\\hline \text { Irtercept } & - 139.609 & 2548.989 & - 0.05477 & 0.957154 \\\hline \boldsymbol { x } _ { 1 } & 24.24619 & 22.25267 & 1.089586 & \mathbf { 0 . 2 9 5 6 8 2 } \\\hline \mathbf { x } _ { 2 } & 32.10171 & 17.44559 & 1.840105 & 0.08869 \\\hline\end{array}$$ $$\begin{array} { | c | c | c | c | c | c | } \hline \text { Source } & \mathrm { df } & \text { SS } & \text { MS } & F & p \text {-value } \\\hline \text { Repression } & 2 & 302689 & 151344.5 & 1.705942 & 0.219838 \\\hline \text { Residual } & 13 & 1153309 & 88716.07 & & \\\hline \text { Total } & 15 & 1455998 & & & \\\hline\end{array}$$ The coefficient of multiple determination is ____________.

• A)0.2079
• B)0.0860
• C)0.5440
• D)0.7921
• E)0.5000

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Definitions:

Variable Costs

Costs that vary directly with the level of production or service delivery.

Flexible Budget

A budget designed to adapt in accordance with fluctuations in activity level or volume.

Contribution Margin

The amount by which sales revenue exceeds variable costs of a product, indicating how much contributes to covering fixed costs and generating profit.

Fixed Budget

A budget that is established at the beginning of a period and does not change, regardless of actual performance or outcomes.