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Question: Use the data to a. find the

Use the data to a. find the coefficient of determination r2 and interpret the result, and b. find the standard error of estimate se and interpret the result The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal defined benefit (DB) plans for ten years. The equation of the regression line is y Ì‚= 0.140x + 453.959.
Use the data to 
a. find the coefficient of determination r2 and interpret the result, and 
b. find the standard error of estimate se and interpret the result
The table shows the total assets (in billions of dollars) of individual retirement accounts (IRAs) and federal defined benefit (DB) plans for ten years. The equation of the regression line is y ̂= 0.140x + 453.959.





Transcribed Image Text:

IRAS, x 4748 3681 4488 5029 5153 Federal DB plans, y 978 1033 1095 1161 1230 IRAS, x 5785 6819 7292 7329 7850 Federal DB plans, y 1270 1370 1438 1512 1595


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2.99

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