Use the following to answer the question(s) below.
For many countries tourism is an important source of revenue. Data are collected on the number of foreign visitors to a country (in millions) and total tourism revenue (in billions of dollars) for a sample of 10 countries. Below is the regression analysis output with tourism revenue as the dependent variable.
-How much of the variability in tourism revenue is accounted for by the number of foreign visitors?
A) 63.4%
B) 13.8%
C) 2.58 billion $
D) 21.464%
E) 3.73 billion $

Question

Use the following to answer the question(s) below.
For many countries tourism is an important source of revenue. Data are collected on the number of foreign visitors to a country (in millions) and total tourism revenue (in billions of dollars) for a sample of 10 countries. Below is the regression analysis output with tourism revenue as the dependent variable. 
-How much of the variability in tourism revenue is accounted for by the number of foreign visitors?
A) 63.4% 
B) 13.8% 
C) 2.58 billion $ 
D) 21.464% 
E) 3.73 billion $

Quizplus · Accepted Answer

The percentage (63.4%) directly indicates the proportion of variability in tourism revenue accounted for by the number of foreign visitors, fitting the question's context about variability explanation.

Use the Following to Answer the Question(s) Below