Given the linear regression equation:
Clothing sales = 14.58 + 2.93 * Income
and R2 = 0...
Mathematics, 08.12.2020 16:40 neather
Given the linear regression equation:
Clothing sales = 14.58 + 2.93 * Income
and R2 = 0.97
Then we can say that:
0.97% of the variation in income is explained by the level of sales
0.97% of the variation in clothing sales is explained by income
97% of the variation in income is explained by the level of sales
97% of the variation in clothing sales is explained by income
Answers: 3
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