Exhibit 14-7
You are given the following information about y and x.
-Refer to Exhibit 14-7. The coefficient of determination equals
A)0.3162
B)-0.3162
C)0.10
D)-0.10

Question

Exhibit 14-7
You are given the following information about y and x. 
-Refer to Exhibit 14-7. The coefficient of determination equals
A)0.3162 
B)-0.3162 
C)0.10 
D)-0.10

Quizplus · Accepted Answer

The coefficient of determination, often denoted as R², represents the proportion of the variance in the dependent variable that is predictable from the independent variable(s). It is always a non-negative value, so negative options can be eliminated.

Exhibit 14-7 You Are Given the Following Information About Y and X