Based on the Correlations Below

question 89

True/False

Based on the correlations below:
we could say that x₁ accounts for 64 percent of the variation in y and x₂ accounts for 49 percent of the variation in y.So if both xs are included in a multiple regression model,then the resulting R-square = 1.13.

---

Definitions:

Automatic Payment

A pre-arranged system of paying recurring bills or obligations electronically without the need for manual intervention each time.

Federal Reserve Bank

The central banking system of the United States, responsible for setting monetary policy.

Funds Availability

Funds availability is a banking term that refers to the length of time before a deposited check or electronic payment clears and becomes available for withdrawal or use.

UCC

The Uniform Commercial Code represents a detailed collection of statutes that regulate every commercial transaction across the United States.