A value of R² = 0.40 means that _____ percent of the variance in the dependent variable is explained by the independent variables. A) 80 B) 60 C) 40 D) 16

Question

Quizplus · Accepted Answer

The value of R², also known as the coefficient of determination (R-squared), represents the proportion of variance in the dependent variable that is explained by the independent variables. In this case, an R-squared value of 0.40 means that 40% of the variance in the dependent variable is explained by the independent variables. Therefore, the best choice is C.

A Value of R2 = 0

A Value of R² = 0