Interpretations of r squared value

Reference no: EM1398340

Graph one shows a number of observations that are very spread out but generally trending from the top left of the graph to the bottom right. Graph two has a number of observations that would be tightly packed around a trend line sloping from the bottom left to the top right. Which of the following statement(s) are true?

a) Graph one should have a higher r-squared value

b) Graph two should have a higher r-squared value

c) Graph one has a positive slope

d) Graph two has a negative slope

e) A and C

Please explain

Reference no: EM1398340

Questions Cloud

Find difference between replication and transcription : Some key differences between the processes of replication and transcription include.

Lp for minimum location distribution : Formulate and solve a 0-1 integer linear program model that can be used to find the minimum number of locations necessary to provide coverage to all areas. Clearly indicate your linear program model.

Relationship in phylum echinoderms and phylum chordates : One of the most interesting concepts in animal evolution is the relationship between the phylum Echinoderms and the phylum Chordates. Humans belong to the phylum Chordata.

Gasoline prices for a region of normal distribution : Assume gasoline prices for a region are normally distributed. Do the data you obtained provide enough evidence to reject the claim?

Interpretations of r squared value : Graph one shows a number of observations that are very spread out but generally trending from the top left of the graph to the bottom right.

Write an application that uses string method region : Write an application that uses String method region - Matches to compare two strings input by the user. The application should input the number of characters to be compared and the starting index of the comparison.

Creating pedigree chart : Bonnie and David had five children: two boys, both of whom had Menkes disease, and three girls who were all unaffected. Two of the three girls, Rose and Elizabeth, married.

Estimating the monthly cost of electricity : They decide to sample some fast-food restaurants currently operating to estimate the monthly cost of electricity. They want to be 90% confident of their results and want the error of the interval estimate to be no more than $100.

Best model selection critiria : Compare two models. Model #1 has an r-squared of .55 and an adjusted r-squared of .50. Model #2 has an r-squared of .52 and an adjusted r-squared of .51. Given this information, what model should you use?

User Account

All Pages