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The Following Regression Output Is the Result of a Multiple

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The following regression output is the result of a multiple regression application in which we are interested in explaining the variation in retail price of personal computers based on three independent variables,CPU speed,RAM,and hard drive capacity.However,some of the regression output has been omitted. The following regression output is the result of a multiple regression application in which we are interested in explaining the variation in retail price of personal computers based on three independent variables,CPU speed,RAM,and hard drive capacity.However,some of the regression output has been omitted.   Given this information and your knowledge of multiple regression,what percentage of variation in the dependent variable is explained by the three independent variables in the model? Given this information and your knowledge of multiple regression,what percentage of variation in the dependent variable is explained by the three independent variables in the model?


Definitions:

Variables

Elements, characteristics, or conditions that can change or vary in a mathematical or statistical experiment.

Outliers

Data points that are significantly different from or inconsistent with the remainder of the dataset.

Scatterplot

A type of graph used in statistics to display values for typically two variables for a set of data, showing how much one variable is affected by another.

Blood Pressure

The pressure of circulating blood on the walls of blood vessels, often measured for health assessments.

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