Exhibit 14-7

question 99

Multiple Choice

Exhibit 14-7.Assume you ran a multiple regression to gain a better understanding of the relationship between lumber sales,housing starts,and commercial construction.The regression uses lumber sales (in $100,000s) as the response variable with housing starts (in 1000s) and commercial construction (in 1000s) as the explanatory variables.The results of the regression are: Refer to Exhibit 14-7.The explanatory variables (housing starts and commercial construction) together explained approximately _____% of the variations in the response variable (lumber sales) .

• A)18
• B)22
• C)78
• D)82

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Definitions:

ESP

Extrasensory perception, a supposed ability to gain information beyond the use of the five traditional senses.

Subversive Subcultures

Groups that challenge norms and values of the mainstream culture, often advocating for radical changes to societal structures and conventions.

Rights Revolution

The rights revolution is the process by which socially excluded groups have struggled to win equal rights under the law and in practice since the 1960s.

Socially Excluded

Individuals or groups who are marginalized and unable to participate fully in economic, social, and political life of their community.