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BAS-011 · Question #19

Which interpretation is correct for this Regression output? IBM BAS-011 Exam

The correct answer is D. We have a statistically significant model that accounts for 49% of the variation in the dependent variable. See the full explanation below for the reasoning.

Question

Which interpretation is correct for this Regression output? IBM BAS-011 Exam

Exhibit

BAS-011 question #19 exhibit

Options

  • AWe have a non-statistically significant model that accounts for 70% of the variation in the dependent variable.
  • BWe have a statistically significant model that accounts for 70% of the variation in the dependent variable.
  • CWe have a non-statistically significant model that accounts for 49% of the variation in the dependent variable.
  • DWe have a statistically significant model that accounts for 49% of the variation in the dependent variable.

How the community answered

(18 responses)
  • A
    6% (1)
  • B
    17% (3)
  • C
    6% (1)
  • D
    72% (13)

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