What is the Coefficient of Determination for Supermarket Sales Data?

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Discussion Overview

The discussion revolves around calculating the coefficient of determination (R²) for supermarket sales data based on provided information about sales and population within a one-mile radius of 12 stores. The context includes aspects of statistical analysis and regression modeling.

Discussion Character

  • Technical explanation, Mathematical reasoning, Homework-related

Main Points Raised

  • One participant questions whether there is enough information to determine the coefficient of determination, suggesting that critical data may be missing.
  • Another participant assumes that the coefficient of determination refers to the R² coefficient and notes the need for the number of observations (n) and the number of independent variables (k) to proceed with the calculation.
  • A third participant identifies n as 12 (the number of stores) and k as 1, indicating a single regression model with one independent variable and one dependent variable.
  • A later reply suggests that the previous participant's assumptions may lead to a straightforward calculation of R².

Areas of Agreement / Disagreement

Participants express uncertainty about the sufficiency of the provided information, and while some agree on the definitions and parameters involved, the overall discussion remains unresolved regarding the calculation of the coefficient of determination.

Contextual Notes

The discussion highlights limitations related to missing assumptions about the data and the specific context of the regression analysis, which may affect the calculation of R².

adeel
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Ive been posting many questions, hopefully the alst for awhile:

You have collected data on sales and population within a one mile radius on 12 stores of a supermarket. You determined that the adjusted coefficient of determination is 93.85%. Determine the coefficient of determination.


I think there isn't enough info, but I guess I could be missing something
 
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I am going to assume "coefficient of determination" is the R2 coefficient. See http://www.csus.edu/indiv/j/jensena/mgmt105/adjustr2.htm . You have to determine what your n (number of observations) and k (number of Independent Variables) are. The problem you posted does not give you these.
 
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n = 12 (number of stores)

k = 1---> one independent variable, one dependent (I can asume single regression)

also, its [tex]r^2[/tex] because its a sample
 
You're home free then, are you not?
 

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