In a multiple regression model where four independent variables are included in the model, the percentage of explained variation in the dependent variable will be equal to the square root of the sum of the largest correlations between the dependent variable and the four independent variables.

Question

Quizplus · Accepted Answer

The percentage of explained variation in the dependent variable is determined by the coefficient of determination (R-squared), which ranges from 0 to 1 and represents the proportion of the total variation in the dependent variable that is explained by the independent variables in the model. It is not directly related to the correlations between the dependent variable and the independent variables.

In a Multiple Regression Model Where Four Independent Variables Are