A regression had the following results: SST = 82.55,SSE = 29.85.It can be said that 63.84% of the variation in the dependent variable is explained by the independent variables in the regression.

Question

Quizplus · Accepted Answer

To calculate the proportion of variation explained by the regression model, we use the formula R-squared = 1 - (SSE/SST). 
Plugging in the given values, we get R-squared = 1 - (29.85/82.55) = 0.6384 or 63.84%. Therefore, the statement given in the question is true.

A Regression Had the Following Results: SST = 82