The coefficient of determination is often interpreted as the percent of variability in the dependent variable y that is explained by the regression equation.

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The coefficient of determination, denoted by R², represents the proportion of the variance in the dependent variable that is explained by the independent variable(s) in the regression equation. This value can range from 0 to 1, or 0% to 100%. Therefore, it is often interpreted as the percentage of variability in the dependent variable y that is explained by the regression equation.

The Coefficient of Determination Is Often Interpreted as the Percent