Based on the regression output and residual plot below, which of the following is true?
Regression Analysis: Technology Adoption versus Time
Technology Adoption = - 11.9 +
3)37 Time
S = 6.30783 R-Sq = 82.5%
The regression equation is: Durbin-Watson statistic = 0.278634
A) The linear model explains 82.5 % of the variability in technology adoption.
B) The linear model is appropriate.
C) The linear model is not appropriate.
D) Both A and B.
E) Both A and C.

Question

Based on the regression output and residual plot below, which of the following is true?
Regression Analysis: Technology Adoption versus Time
Technology Adoption = - 11.9 +
3)37 Time
S = 6.30783 R-Sq = 82.5%
The regression equation is:  Durbin-Watson statistic = 0.278634
A) The linear model explains 82.5 % of the variability in technology adoption. 
B) The linear model is appropriate. 
C) The linear model is not appropriate. 
D) Both A and B. 
E) Both A and C.

Quizplus · Accepted Answer

The Answer of Based on the regression output and residual plot below, which of the following is true?
Regression Analysis: Technology Adoption versus Time
Technology Adoption = - 11.9 +
3)37 Time
S = 6.30783 R-Sq = 82.5%
The regression equation is:  Durbin-Watson statistic = 0.278634
A) The linear model explains 82.5 % of the variability in technology adoption. 
B) The linear model is appropriate. 
C) The linear model is not appropriate. 
D) Both A and B. 
E) Both A and C.

Based on the Regression Output and Residual Plot Below, Which