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Suppose the equation of the regression line for the debt per capita for the years 1990-2001 is computed to be debt per capita = -2,231,226 + 1128 x(year) and R2 = 98.8%
Which of the following is true
A. About 98.8% of the variation in debt per capita is explained by the model
b. On average debt per capita increases $1128 per year
c. The response variable is year
d. both a & b
e. None of the above
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Determine the mean and standard deviation of following probability distribution.
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