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TABLE 13-11 A Computer Software Developer Would Like to Use the Number

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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:
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? A)  74.67% of the variation in revenue can be explained by the variation in the number of downloads. B)  75.54% of the variation in revenue can be explained by the variation in the number of downloads. C)  74.67% of the variation in the number of downloads can be explained by the variation in revenue. D)  75.54% of the variation in the number of downloads can be explained by the variation in revenue.
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? A)  74.67% of the variation in revenue can be explained by the variation in the number of downloads. B)  75.54% of the variation in revenue can be explained by the variation in the number of downloads. C)  74.67% of the variation in the number of downloads can be explained by the variation in revenue. D)  75.54% of the variation in the number of downloads can be explained by the variation in revenue.
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? A)  74.67% of the variation in revenue can be explained by the variation in the number of downloads. B)  75.54% of the variation in revenue can be explained by the variation in the number of downloads. C)  74.67% of the variation in the number of downloads can be explained by the variation in revenue. D)  75.54% of the variation in the number of downloads can be explained by the variation in revenue.
-Referring to Table 13-11, which of the following is the correct interpretation for the coefficient of determination?


Definitions:

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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