Homework Sourse19 Below is some of the regression output from a simple regr
#19) Below is some of the regression output from a simple regression of the number of wins for a major league baseball team and the size amount of money the team is paying its players (expressed in millions of $\'s)
Summary Output Wins vs. Team Payroll
Based on the regression output, What is R2 (or coefficient of determination)? Please express your answer using 3 decimal places.
| Regression Statistics: | |
| Multiple R | |
| R Square | |
| Adjusted R Square | |
| Standard Error | |
| Observations | 30 |
Solution
R2 (or coefficient of determination)
