CAS Exam MAS-I Spring 2019, Question 30
Study guide: Exam MAS-I
You are given the following information about a linear model:
Y = \beta_0 + \beta_1 X_1 + \beta_2 X_2 + \varepsilon
| Observed Y's | Estimated Y's |
|---|---|
| 2.441 | 1.827 |
| 3.627 | 3.816 |
| 5.126 | 5.806 |
| 7.266 | 7.796 |
| 10.570 | 9.785 |
- Residual Sum of Squares = 1.772
Calculate the R^2 of this model.
- A) Less than 0.6
- B) At least 0.6, but less than 0.7
- C) At least 0.7, but less than 0.8
- D) At least 0.8, but less than 0.9
- E) At least 0.9
Answer this question and see the worked solution