A researcher performs multiple regression analysis and obtains an r value of 0.70. How should this value be interpreted?

Question

Quizplus · Accepted Answer

The r value indicates the strength of the relationship between multiple independent or predictor variables and a single dependent variable. It has nothing to do with the accuracy of the prediction. The information that the independent variables explain 70% of the variability in the outcome variable would be conveyed by r², which would be 0.49 in this example.

A Researcher Performs Multiple Regression Analysis and Obtains an R