Exhibit 12-2
You are given the following information about y and x.

-Refer to Exhibit 12-2. The coefficient of determination equals
A)-0.99705
B)-0.9941
C)0.9941
D)0.99705

Question

Exhibit 12-2
You are given the following information about y and x.
 
-Refer to Exhibit 12-2. The coefficient of determination equals
A)-0.99705 
B)-0.9941 
C)0.9941 
D)0.99705

Quizplus · Accepted Answer

The coefficient of determination, denoted as R-squared, measures the proportion of the variance in the dependent variable (y) that is predictable from the independent variable (x). From the given information, we can calculate the correlation coefficient between y and x as -0.99705. Squaring this value gives us the coefficient of determination: 0.9941. Therefore, the answer is C.

Exhibit 12-2 You Are Given the Following Information About Y and X