The following regression output is for predicting the heart weight (in g) of cats from their body weight (in kg). The coefficients are estimated using a dataset of 144 domestic cats.
A) Interpret the intercept
B) Interpret the slope
C) Interpret R^2
(A);The value of intercept is -0.357 which we assume to be entire population's intercept and t value of intercept -0.515 tells us the importance of intercept. the more absolute value of t the more is the significance of intercept. Here pr(>|t|) = 0.607 which is a little high. The lower the value of pr(||t|) the greter is the significance of intercept
(B): The value of slope is 4.034. This has fairly goof t-value and pr(>|t|) = 0.000 which means that this is highly signicant for estimating the heart weight.
(C) R-squared means the coefficient of determination. As the value of R-squared approaches from 0 to 100% the model is said to bad fit to good fit. Here we have 64.41% which means medium goodness of fit of regression line
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