If R2 = .36 in the model Sales = 268 + 7.37 Ads,then Ads explains 36 percent of the variation in Sales.

Name: If R2 = .36 in the model Sales = 268 + 7.37 Ads,then Ads explains 36 percent of the variation in Sales.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

R2 represents the proportion of variance in the dependent variable (Sales) that is explained by the independent variable (Ads). Therefore, an R2 value of .36 means that Ads accounts for 36% of the variability in Sales.

If R2 = 36 in the Model Sales = 268 + 7