In a simple linear regression problem, if the coefficient of determination is 0.96, this means that:
A) 96% of the y values are positive
B) 96% of the total variation in y can be explained by the regression line
C) 96% of the x values are equal
D) 90% of the total variation in x can be explained by regression line
E) 90% of the total variation in y can be explained by the regression line

Question

Quizplus · Accepted Answer

The coefficient of determination, also known as R-squared, represents the proportion of the total variation in the dependent variable (y) that can be explained by the independent variable (x). In this case, an R-squared of 0.96 means that 96% of the total variation in y can be explained by the regression line.

In a Simple Linear Regression Problem, If the Coefficient of Determination