Explained variation equals total variation minus unexplained variation.

Name: Explained variation equals total variation minus unexplained variation.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is correct. Explained variation is the portion of the variation in a dataset that can be accounted for by the variables being studied, while unexplained variation is the portion that cannot be explained by those variables. Therefore, the formula for explained variation is: Explained variation = Total variation - Unexplained variation.

Explained Variation Equals Total Variation Minus Unexplained Variation