A random sample of 79 companies from the Forbes 500 list (which actually consists of nearly 800 companies)was selected,and the relationship between sales (in hundreds of thousands of dollars)and profits (in hundreds of thousands of dollars)was investigated by regression.The following results were obtained from statistical software. The following (partial)ANOVA table was obtained from statistical software. What is the value of the SST,the total sum of squares?
A)16,074,978
B)16,734,234
C)32,809,212
D)49,543,448

Question

A random sample of 79 companies from the Forbes 500 list (which actually consists of nearly 800 companies)was selected,and the relationship between sales (in hundreds of thousands of dollars)and profits (in hundreds of thousands of dollars)was investigated by regression.The following results were obtained from statistical software.   The following (partial)ANOVA table was obtained from statistical software.  What is the value of the SST,the total sum of squares?
A)16,074,978 
B)16,734,234 
C)32,809,212 
D)49,543,448

Quizplus · Accepted Answer

The Answer of A random sample of 79 companies from the Forbes 500 list (which actually consists of nearly 800 companies)was selected,and the relationship between sales (in hundreds of thousands of dollars)and profits (in hundreds of thousands of dollars)was investigated by regression.The following results were obtained from statistical software.   The following (partial)ANOVA table was obtained from statistical software.  What is the value of the SST,the total sum of squares?
A)16,074,978 
B)16,734,234 
C)32,809,212 
D)49,543,448

A Random Sample of 79 Companies from the Forbes 500