Exhibit 14-9.When estimating ,the following regression results were obtained. Refer to Exhibit 14-9.What is the coefficient of determination?
A)0.07
B)0.10
C)0.90
D)0.93

Question

Exhibit 14-9.When estimating  ,the following regression results were obtained.  Refer to Exhibit 14-9.What is the coefficient of determination?
A)0.07 
B)0.10 
C)0.90 
D)0.93

Quizplus · Accepted Answer

The coefficient of determination is the R-squared value. From the regression results, we can see that the R-squared value is 0.93, which means that 93% of the variation in the dependent variable is explained by the independent variable. Therefore, the best choice is D.