A Multiple Regression Is Shown Below for a Data Set

question 103

Multiple Choice

A multiple regression is shown below for a data set of yachts where the dependent variable is the price of the boat in thousands of dollars. Given this information,what percentage of variation in the dependent variable is explained by the regression model?

• A)Approximately 68 percent
• B)About 83 percent
• C)About 37 percent
• D)About 60 percent

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Definitions:

Boston Massacre

An event in 1770 in which British soldiers killed five civilian men in Boston, fueling anger that contributed to the American Revolutionary War.

Indignation

A feeling of anger or annoyance provoked by what is perceived as unfair treatment.

Underlying Tension

The existing but concealed disagreements, issues, or conflict between individuals or groups that could potentially become more evident or erupt into a more pronounced conflict.

Boston Massacre

A confrontation on March 5, 1770, in which British soldiers killed five colonial civilians in Boston, exacerbating American resentment toward British rule.