Suppose an estimated simple linear regression model based on
Suppose an estimated simple linear regression model based on 10 observations has a standard error for the estimate equal to 13.9736 and MSR is equal to 1769.91. The fraction of the total variation in the dependent variable explained by the variation of the independent variable in this model is closest to:
Solution
The fraction of the total variation in the dependent variable explained by the variation of the independent variable in this model is closest to: 1769.91 / 13.9736 = 126.66
