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Question: 1. Using the following regression output select the correct regression equation. Regression Stati…

by | Nov 30, 2023 | Posted Questions



1. Using the following regression output select the
correct regression equation.

Regression Statistics: [Multiple R=0.944744; R
Square=0.892542; Intercept=1230.242; Rent=6.666983]:

A. Y = 6.666983 + 1230.242(X)

B. Y = 1230.242 + .6.666983(X)

C. Y = 1230.242 – 0.892542 (X)

D. Y = 1230.242 + 0.944744 (X)

2. Using the following regression output, determine the
estimated monthly salary of a man who pays $500 in
rent?

Regression Statistics: [Multiple R=0.944744; R
Square=0.892542; Intercept=1230.242; Rent=6.666983]:

A. $1,702.614

B. $4,563.73

C. $6,127.67

D. $783.97

3. Using the following regression statistics select
which one of the following best represents the relationship between
the Height of the employee and their Salary?

Regression Statistics: [Multiple R=0.867597; R Square =
0.752725; Intercept=28.45268; Inches=0.97656]:

A. Strong Direct Relationship

B. Moderate Inverse Relationship

C. Weak Inverse Relationship

D. No Relationship

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