The following regression output is the result of a multiple regression application in which we are interested in explaining the variation in retail price of personal computers based on three independent variables,CPU speed,RAM,and hard drive capacity.However,some of the regression output has been omitted. Given this information and your knowledge of multiple regression,what percentage of variation in the dependent variable is explained by the three independent variables in the model?

Question

The following regression output is the result of a multiple regression application in which we are interested in explaining the variation in retail price of personal computers based on three independent variables,CPU speed,RAM,and hard drive capacity.However,some of the regression output has been omitted.  Given this information and your knowledge of multiple regression,what percentage of variation in the dependent variable is explained by the three independent variables in the model?

Quizplus · Accepted Answer

The Answer of The following regression output is the result of a multiple regression application in which we are interested in explaining the variation in retail price of personal computers based on three independent variables,CPU speed,RAM,and hard drive capacity.However,some of the regression output has been omitted.  Given this information and your knowledge of multiple regression,what percentage of variation in the dependent variable is explained by the three independent variables in the model?

The Following Regression Output Is the Result of a Multiple