Exhibit 13-2 The Station Manager of a Local Television Station Is Interested

question 18

Essay

Exhibit 13-2
The station manager of a local television station is interested in predicting the amount of television (in hours) that people will watch in the viewing area. The explanatory variables are: X1 age (in years), X2 education (highest level obtained, in years) and X3 family size (number of family members in household). The multiple regression output is shown below:
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-Refer to Exhibit 13-2.Identify and interpret the percentage of variation explained (R²)for the model.

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Definitions:

Test of Logical Strength

An assessment or evaluation of the cogency or persuasiveness of logical arguments based on their structure and premises.

Statistical Analyses

The techniques used to interpret, describe, and make inferences from data sets, often involving mathematical calculations.

Inductive Reasoning

A method of reasoning in which general conclusions are drawn from specific observations or instances.

Probabilistic Conclusions

Inferences or outcomes derived from reasoning that incorporate the principles of probability, often used in scenarios where outcomes are uncertain.