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Interpreting\({R^2}\)For the multiple regression equation given in Exercise 1, we get \({R^2}\)= 0.928. What does that value tell us?

Short Answer

Expert verified

The value \({R^2} = 0.928\) indicates that 92.8% variation in the response variable 鈥渨eight of bears鈥 is explained by the linear relationship between the variables 鈥渨eight,鈥 鈥渓ength,鈥 and 鈥渃hest size鈥.

Step by step solution

01

Given information

A regression equation is computed to predict the weight of a bear (in lb) using the linear relationship between the variables 鈥渨eight,鈥 鈥渓ength,鈥 and 鈥渃hest size.鈥

02

Interpretation of \({R^2}\)

The value of \({R^2}\) for a regression model implies how good the predicted model is.

In other words, it indicates the percentage of variation explained by the linear relation of the response variables with the predictor variables.

Here, a regression equation is constructed with 鈥渨eight of bears鈥 as the response variable and 鈥渓ength鈥 and 鈥渃hest size.鈥

The value of\({R^2} = 0.928\)indicates that 92.8% variation in the weight of bears can be explained by their lengths and chest sizes.

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