A Ross MAP team is currently developing a regression model to explain the travel expense of HR consulting firms in a month (measured in thousands of dollars). So far, the team has identified the number of consultants, the number of clients, the number of air-travel trips, and the number of trips to high-expense cities (e.g., NYC, Boston, San Jose) as potential independent variables. A partial output of the corresponding regression model is in Figure 1. Use the figure to answer question 4to6 ANOVA df 4 13754.6 SS MS F Significance F Regression Residual 127 2836.6 Total 131 16591.3 Figure 1: Partial Regression Output 4. What is the R and adjusted R2 of the model?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Chapter4: Equations Of Linear Functions
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A Ross MAP team is currently developing a regression model to explain the travel expense of HR
consulting firms in a month (measured in thousands of dollars). So far, the team has identified
the number of consultants, the number of clients, the number of air-travel trips, and the number
of trips to high-expense cities (e.g., NYC, Boston, San Jose) as potential independent variables.
A partial output of the corresponding regression model is in Figure 1. Use the figure to answer
question 4to6
ANOVA
df
SS
MS
F
Significance F
Regression
4 13754.6
0.
Residual
127
2836.6
Total
131 16591.3
Figure 1: Partial Regression Output
4. What is the R and adjusted R2 of the model?
Transcribed Image Text:A Ross MAP team is currently developing a regression model to explain the travel expense of HR consulting firms in a month (measured in thousands of dollars). So far, the team has identified the number of consultants, the number of clients, the number of air-travel trips, and the number of trips to high-expense cities (e.g., NYC, Boston, San Jose) as potential independent variables. A partial output of the corresponding regression model is in Figure 1. Use the figure to answer question 4to6 ANOVA df SS MS F Significance F Regression 4 13754.6 0. Residual 127 2836.6 Total 131 16591.3 Figure 1: Partial Regression Output 4. What is the R and adjusted R2 of the model?
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