Solved

For the Situation Above, Give a Practical Interpretation Of r=.81r = .81

Question 102

Multiple Choice

For the situation above, give a practical interpretation of r=.81r = .81 .


A) We can predict SALARY correctly 81%81 \% of the time using GMAT in a straight-line model.
B) We estimate SALARY to increase 81%81 \% for every 1 -point increase in GMAT.
C) 81%81 \% of the sample variation in SALARY can be explained by using GMAT in a straight-line model.
D) There appears to be a positive correlation between SALARY and GMAT.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents