The following regression output is available.Notice that some of the values are missing. Given this information,what percent of the variation in the y variable is explained by the independent variable?
A)About 75 percent
B)Approximately 57 percent
C)Can't be determined without having the actual data available.
D)About 25 percent

Question

The following regression output is available.Notice that some of the values are missing.  Given this information,what percent of the variation in the y variable is explained by the independent variable?
A)About 75 percent 
B)Approximately 57 percent 
C)Can't be determined without having the actual data available. 
D)About 25 percent

Quizplus · Accepted Answer

The coefficient of determination (R-squared) is the percentage of variation in the dependent variable that is explained by the independent variable. In this case, the R-squared value is 0.57, which means that approximately 57 percent of the variation in the y variable is explained by the independent variable(s).

The Following Regression Output Is Available