r² is the square of the correlation between X and Y and also the square of the correlation between Ŷ and Y.

Name: r 2 is the square of the correlation between X and Y and also the square of the correlation between Ŷ and Y.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This statement is true. The symbol r² represents the squared correlation coefficient between X and Y, and it is also the squared correlation coefficient between Ŷ (the predicted values of Y based on X) and Y.

R2 Is the Square of the Correlation Between X and Y

R² Is the Square of the Correlation Between X and Y