Find the Explained Variation for the Paired Data $\hat { y } = 6.18286 + 4.33937 x$

question 20

Multiple Choice

Find the explained variation for the paired data. The equation of the regression line for the paired data below is $\hat { y } = 6.18286 + 4.33937 x$ .
$\begin{array}{r|rrrrrrr}\boldsymbol{x} & 9 & 7 & 2 & 3 & 4 & 22 & 17 \\\hline \boldsymbol{y} & 43 & 35 & 16 & 21 & 23 & 102 & 81\end{array}$

• A) \(13.479\)
• B) \(6,531.37\)
• C) \(6,544.86\)
• D) \(6,421.83\)

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Definitions:

Sales Revenues

The income earned by a company from its sales of goods or the provision of services, before any costs or expenses are deducted.

Gross Profit Margin

A financial ratio that indicates the percentage of revenue that exceeds the cost of goods sold, reflecting the efficiency of a company in managing its production and labor costs.

Chosen A

A selection or preference identified as option A, indicating a different choice from a set of options.

Chosen B

A selection or preference identified as option B.