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TABLE 13-11
A computer software developer would like to use the number of downloads (in thousands) for the trial version of his new shareware to predict the amount of revenue (in thousands of dollars) he can make on the full version of the new shareware. Following is the output from a simple linear regression along with the residual plot and normal probability plot obtained from a data set of 30 different sharewares that he has developed:
-Referring to Table 13-11, which of the following is the correct interpretation for the coefficient of determination?
Drill-down
The process of exploring detailed data by moving from high-level summaries to more detailed views, often used in reporting and data analysis.
Ad Hoc
A term describing solutions designed for a specific problem or task, without considering wider application.
Comparative
Relating to or involving the comparison of two or more entities to assess their similarities and differences.
Key Indicator
A quantitative metric that provides insight into the performance, health, or progress of a process, operation, or system.
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