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Choose the one alternative that best completes the statement or answers the question.
-In a comprehensive road test on all new car models, one variable measured is the time it takes a car to accelerate from 0 to 60 miles per hour. To model acceleration time, a regression analysis is conducted on a random sample of 129 new cars.
TIME60: Elapsed time (in seconds) from to
MAX: Maximum speed attained (miles per hour)
Initially, the simple linear model was fit to the data. Computer printouts for the analysis are given below:
UNWEIGHTED LEAST SQUARES LINEAR REGRESSION OF TIME60
CASES INCLUDED 129 MISSING CASES 0
Approximately what percentage of the sample variation in acceleration time can be explained by the simple linear model?
Savings
Money set aside for future use, often stored in accounts that accrue interest over time, helping to protect against financial emergencies or to finance future purchases.
Interest
The cost of borrowing money or the reward for saving, expressed as a percentage of the principal amount per period of time.
Deposit
Money placed into a financial institution for safekeeping, which can earn interest over time depending on the type of account.
Deposits
Funds placed into an account at a financial institution, often earning interest.
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