Question

b) The R' for the regression equation is 0.723. Interpret the value of R The value of R? indicates that % of the variability in (Round to the nearest tenth as needed) can be accounted for by Enter your answer in the answer box and then click Check Answer

Answer 1

Solution:

Given , R² = 0.723 = 72.3%

It is the coefficient of determination

In the regression line , X is the predictor variable or independent variable and Y is the response variable or dependent variable.

Answer is as

The value of R² indicates that 72.3 % of the variability in the response variable or dependent variable y can be accounted for by the predictor variable or independent variable x.