A Regression Analysis Was Applied in Order to Determine the Relationship

question 6

Essay

A regression analysis was applied in order to determine the relationship between a dependent variable and 4 independent variables. The following information was obtained from the regression analysis.
R Square = 0.60
SSR = 4,800
Total number of observations n = 35

---

Definitions:

Prototype

An early sample, model, or release of a product built to test a concept or process and to be used as a thing to be replicated or learned from.

1 Year

A period of twelve consecutive months used as a basis for calculating time-related metrics.

Independent Contractor

An individual who provides goods or services to another entity under terms specified in a contract or within a verbal agreement, not considered an employee.

Autonomy

The right or condition of self-government, or the ability of an individual or organization to make their own decisions and control their own affairs.