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Section 4.9 Exercise 19-T Data from a small bookstore are shown in the accompanying table. What is the value of R2 and what does it mean? 国 Click the icon to view the data table. What is the value of R2? (Round to two decimal places as needed.)
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Answer #1

R^2=r^2_{xy}= 0.9513

About 95.13 % of the variance in Sales can be accounted for by the regression of Sales on Number of Sales people working .

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