Exhibit 13-10
in a Regression Model Involving 30 Observations, the Following

question 6

Multiple Choice

Exhibit 13-10
In a regression model involving 30 observations, the following estimated regression equation was obtained.
$\hat { Y }$ =170+34X1 - 3X2+8X3+58X4+3X5
For this model, SSR = 1,740 and SST = 2,000.
-Refer to Exhibit 13-10. The coefficient of determination for this model is

• A) 0.6923
• B) 0.1494
• C) 0.1300
• D) 0.8700

---

Definitions:

Time Period

A length or duration of time during which events occur or conditions exist, often used in financial contexts to specify the term of analysis or investment.

Present Value

Present value denotes the current valuation of a prospective sum of money or sequence of cash flows, based on a predefined rate of return.

Savings Accounts

Deposit accounts held at financial institutions that provide principal security and a modest interest rate.