Which of the following statements is true about r²? A)It is also called the coefficient of correlation. B)It is also called the coefficient of determination. C)It represents the percent of variation in X that is explained by Y. D)It represents the percent of variation in the error that is explained by Y. E)It ranges in value from -1 to + 1.

Question

Quizplus · Accepted Answer

r² is also called the coefficient of determination, which represents the proportion of the variation in the dependent variable (Y) that is explained by the independent variable (X), or in other words, the strength of the relationship between X and Y. It ranges in value from 0 to 1, with higher values indicating a stronger relationship. Therefore, option B is the correct choice and options A, C, D, and E are incorrect.

Which of the Following Statements Is True About R2

Which of the Following Statements Is True About R²