9) For the same set of observations on a specified dependent variable, two different independent variables were used to develop two separate simple linear regression models. A portion of the results is presented below. R² (R-squared) Model 1 0.92 Based on R2 of each model, which model is more useful? Why? Model 2 0.85

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 17HP
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9) For the same set of observations on a specified dependent variable, two different independent variables
were used to develop two separate simple linear regression models. A portion of the results is presented
below.
R² (R-squared)
Model 1
0.92
Based on R2 of each model, which model is more useful? Why?
Model 2
0.85
Transcribed Image Text:9) For the same set of observations on a specified dependent variable, two different independent variables were used to develop two separate simple linear regression models. A portion of the results is presented below. R² (R-squared) Model 1 0.92 Based on R2 of each model, which model is more useful? Why? Model 2 0.85
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