Following is a simple linear regression model:
The following results were obtained from some statistical
software.
R2 = 0.523
syx (regression standard error) = 3.028
n (total observations) = 41
Significance level = 0.05 = 5%
Variable Parameter Estimate Std. Error of Parameter Est.
Intercept 0.519 0.132
Slope of X -0.707 0.239
Questions: the correlation coefficient r between the x and y is? What is the meaning of R2? Show your work.
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