SCENARIO 14-6 One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y).To provide its customers with information on that matter, a large real estate firm used the following 2 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit and the amount of insulation in inches Given below is EXCEL output of the regression model.
-Referring to Scenario 14-6, ____% of the variation in heating cost can be explained by the variation in the amount of insulation while holding the minimum outside temperature constant.

Question

SCENARIO 14-6 One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y).To provide its customers with information on that matter, a large real estate firm used the following 2 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit  and the amount of insulation in inches  Given below is EXCEL output of the regression model.  
-Referring to Scenario 14-6, ____% of the variation in heating cost can be explained by the variation in the amount of insulation while holding the minimum outside temperature constant.

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The Answer of SCENARIO 14-6 One of the most common questions of prospective house buyers pertains to the cost of heating in dollars (Y).To provide its customers with information on that matter, a large real estate firm used the following 2 variables to predict heating costs: the daily minimum outside temperature in degrees of Fahrenheit  and the amount of insulation in inches  Given below is EXCEL output of the regression model.  
-Referring to Scenario 14-6, ____% of the variation in heating cost can be explained by the variation in the amount of insulation while holding the minimum outside temperature constant.

SCENARIO 14-6 One of the Most Common Questions of Prospective