A correlation of .60 indicates that 36 percent of the variance in the dependent variable has been explained.

Name: A correlation of .60 indicates that 36 percent of the variance in the dependent variable has been explained.
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A correlation of .60, when squared (which gives the coefficient of determination, $r^2$), equals .36 or 36%, indicating that 36 percent of the variance in the dependent variable is explained by the independent variable.

A Correlation of