Exhibit 12-5
You are given the following information about y and x.

-Refer to Exhibit 12-5. The coefficient of determination equals
A)0
B)-1
C)+1
D)-0.5

Question

Exhibit 12-5
You are given the following information about y and x.
 
-Refer to Exhibit 12-5. The coefficient of determination equals
A)0 
B)-1 
C)+1 
D)-0.5

Quizplus · Accepted Answer

The coefficient of determination (r squared) is a measure of how much of the variability in the dependent variable y is explained by the independent variable x. It ranges from 0 to 1, with 1 indicating a perfect fit and 0 indicating no relationship. In this case, the coefficient of determination is equal to 1, indicating a perfect fit between x and y.

Exhibit 12-5 You Are Given the Following Information About Y and X