Answer:
42.1% of variation in the response is explained by the regression line
Step-by-step explanation:
Correlation coefficient is a measure which tells us that how strongly are two variables under study are linearly related to each other i.e correlation coefficient gives the strength of linear association between the variables.
If the magnitude of correlation coefficient is closer to 1, it indicates a strong linear relationship. If the magnitude of correlation coefficient is closer to 0, it indicates a weak linear relationship.
There is another variable known as "Coefficient of Determination", which is equal to square of Correlation Coefficient. Coefficient of Determination tells us that what percentage of variation in the response of the study can be explained by the regression line.
This means, for this question we need to calculate the Coefficient of Determination.
Correlation coefficient = r = 0.649
Coefficient of Determination = R = r² = (0.649)²= 0.421 = 42.1 %
This means that 42.1% of variation in the response is explained by the regression line.
Answer:
its a)the first sequence is geometric bc of the common ratio of 2. the second sequence is arithmetic bc of the common difference of 7.
Answer:
DF, DE, EF
Step-by-step explanation:
Nah dude, you got it. :)
Answer:
option A. Multiply the unpaid balance by the monthly interest rate
Step-by-step explanation:
Finance charges are the monthly service fee charged by lender on the credit used by borrower if they wish to skip the payment of monthly bill and carry forward it to next month.
So, we can calculate finance charges as monthly interest accrued on the unpaid balance.
Finance charges = Unpaid balance x Monthly interest rate.
Hence, option A is correct, i.e. Multiply the unpaid balance by the monthly interest rate.
