In a regression problem, if the coefficient of determination is 0.95, this means that:
A)95% of the y values are positive.
B)95% of the variation in y can be explained by the variation in x.
C)95% of the x values are equal.
D)95% of the variation in x can be explained by the variation in y.

Question

Quizplus · Accepted Answer

The coefficient of determination, also known as R-squared, measures the proportion of the variation in the dependent variable (y) that can be explained by the independent variable(s) (x). Therefore, an R-squared value of 0.95 means that 95% of the variation in y can be explained by the variation in x.

In a Regression Problem, If the Coefficient of Determination Is