Percentage of the variation is explained by regression line

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Reference no: EM132292410

The following data were collected during a study of consumer buying patterns: x y x y 1 16 71 8 16 73 2 21 84 9 15 73 3 39 88 10 16 77 4 27 84 11 17 90 5 53 100 12 25 84 6 49 96 13 38 94 7 30 78 b. Obtain a linear regression line for the data.(Round your intermediate calculations and final answers to 3 decimal places.) c. What percentage of the variation is explained by the regression line? (Do not round intermediate calculations. Round your answer to the nearest whole percent. Omit the "%" sign in your response.) Approximately __% of the variation in the dependent variable is explained by the independent variable. d. Use the equation determined in part b to predict the expected value of y for x = 44. (Round your intermediate calculations and final answers to 3 decimal places.)

Reference no: EM132292410

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