If the coefficient of correlation is .8, then the percentage of variation in the dependent variable explained by the estimated regression equation is _____.
A) 0.80%
B) 80%
C) 0.64%
D) 64%

Question

Quizplus · Accepted Answer

The percentage of variation in the dependent variable explained by the estimated regression equation is found by squaring the coefficient of correlation (r^2). Thus, 0.8^2 = 0.64 or 64%.

If the Coefficient of Correlation Is