SCENARIO 18-4 You Decide to Predict Gasoline Prices in Different Cities and Cities

question 164

Multiple Choice

SCENARIO 18-4
You decide to predict gasoline prices in different cities and towns in the United States for your term project.Your dependent variable is price of gasoline per gallon and your explanatory variables are per capita income,the number of firms that manufacture automobile parts in and around the city,the number of new business starts in the last year,population density of the city,percentage of local taxes on gasoline,and the number of people using public transportation.You collected data of 32 cities and obtained a regression sum of squares SSR= 122.8821.Your computed value of standard error of the estimate is 1.9549.
-Referring to Scenario 18-4,what is the value of the coefficient of multiple determination?

• A)0.2225
• B)0.4576
• C)0.5626
• D)0.6472

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Definitions:

Gender Schema Theory

Theory of gender identity acquisition in which a child develops a mental pattern, or schema, for being male or female and then organizes observed and learned behavior around that schema.

Social Learning Theory

A theory that suggests people learn new behaviors through observational learning of others and the outcomes of those behaviors.

Sex Characteristics

Sex Characteristics involve the physical differentiation between males and females, which includes primary characteristics such as reproductive organs and secondary characteristics such as the distribution of muscle and fat.

Gender Stereotypes

Preconceived and oversimplified beliefs about the characteristics, attributes, and behaviors of males or females, based on their gender.