Which of the following statements is the best explanation of the R2? Regression

Question

Which of the following statements is the best explanation of the R2? Regression Statistics Multiple R R Square Adjusted R Square Standard Error 5652.090 Observations 0.187 0.035 0.026 115.000 NOVA df MS F Significance 0.046 Regression Residual Total 130433116.219 130433116.219 4.083 113 3609911959.868 31946123.539 114 3740345076.087 Coefficient Standard Erro tStat P-value Intercept Age 10725.802 69.964 1535.215 34.625 6.987 2.021 0.000 0.046 A, 3.5% of the accident damage can be explained by the age of the driver O B. 3.5% of the total error can be explained by the SSE .3.5% of the coefficients, t-stat, and p-value can be explained by the age of the driver 3.5% of the variation in accident damage can be explained by variation in the age of the driver

Explanation / Answer

Option D.

3.5% of the variation in accident damage can be explained by variation in the age of the driver.

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