If the coefficient of multiple determination is 0.532, then the variation in the independent variables accounts for approximately ______ per cent of the variance in the dependent variable.
A) 73
B) 53
C) 28
D) 27

Question

Quizplus · Accepted Answer

The coefficient of determination, also known as R-squared, represents the proportion of variance in the dependent variable that is explained by the independent variable(s). In this case, an R-squared of 0.532 means that 53.2% of the variance in the dependent variable is accounted for by the independent variable(s), and the remaining 46.8% is due to other factors or sources of variability. Therefore, the best choice is B, which represents approximately 53%.

If the Coefficient of Multiple Determination Is 0