Question
Statistics for Economics Question on Correlation and regression
A regression equation š = ā2.5 + 2š is estimated using the following data:
| š | 2 | 5 | 9 | 14 |
|---|---|---|---|---|
| š | 2 | 4 | 6 | 8 |
The coefficient of determination is ________ (rounded off to two decimal places).
Answer
The correct answer is :0.98