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SUMMARY OUTPUT Dependent Variable = LN Gasoline Consumption per licensed driver Regression Statistics Multiple R 0. 1655 A Square Adjusted R Square*...
The regression output below is incomplete. The data is gasoline per licensed driver (Y) as a function of the real gasoline price per gallon (x) from 1949 to 2016.
The functional format is set up as a nonlinear model by taking the natural logarithm of both annual gasoline per licensed driver and annual real gasoline price per gallon from 1949 to 2016 for the United States.
Log Gasoline per driver = Log ß0
- Log ß1
Real Price
If Multiple R is the Coefficient of Correlation, what is the Coefficient of Determination R2
?
.0274
.1657
.4068
Not enough information to calculate
SUMMARY OUTPUTDependent Variable = LN Gasoline Consumption per licensed driverRegression StatisticsMultiple R0. 1655A SquareAdjusted R Square*Standard Error0. 1657Observations89ANOVAOF5.5MISFRegression0. 04 480 . 04481. 6331Residual9.91. 59180. 0274Total671. 5357Coefficients Standard ErrorI StatP-valueIntercept- 3. 28790. 0550-59. 78930. 0000LNgasoline price-0. 14950. 1 1650. 2064