A linear regression model estimating the relationship between Expenditure on Imports and Annual household income has an r² value of 0.81.
Interpret r².

Name: A linear regression model estimating the relationship between Expenditure on Imports and Annual household income has an r 2 value of 0.81. Interpret r 2 .
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Question

A linear regression model estimating the relationship between Expenditure on Imports and Annual household income has an r² value of 0.81. Interpret r².

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The Answer of A linear regression model estimating the relationship between Expenditure on Imports and Annual household income has an r² value of 0.81. Interpret r².

A Linear Regression Model Estimating the Relationship Between Expenditure on Imports