Exhibit 13-2
The station manager of a local television station is interested in predicting the amount of television (in hours) that people will watch in the viewing area. The explanatory variables are: X1 age (in years), X2 education (highest level obtained, in years) and X3 family size (number of family members in household). The multiple regression output is shown below:

-Refer to Exhibit 13-2.Identify and interpret the percentage of variation explained (R²)for the model.

Question

Exhibit 13-2
The station manager of a local television station is interested in predicting the amount of television (in hours) that people will watch in the viewing area. The explanatory variables are: X1 age (in years), X2 education (highest level obtained, in years) and X3 family size (number of family members in household). The multiple regression output is shown below:

-Refer to Exhibit 13-2.Identify and interpret the percentage of variation explained (R²)for the model.

Quizplus · Accepted Answer

The Answer of Exhibit 13-2 The station manager of a local television station is interested in predicting the amount of television (in hours) that people will watch in the viewing area. The explanatory variables are: X1 age (in years), X2 education (highest level obtained, in years) and X3 family size (number of family members in household). The multiple regression output is shown below: -Refer to Exhibit 13-2.Identify and interpret the percentage of variation explained (R²)for the model.

Exhibit 13-2 The Station Manager of a Local Television Station Is Interested