How do you interpret a coefficient of determination, r^2, equal to 0.93? Choose

Question

How do you interpret a coefficient of determination, r^2, equal to 0.93? Choose the correct answer below. The interpretation is that 7% of the variation in the independent variable can be explained by the variation in the dependent variable The interpretation is that 0 07% of the variation in the dependent variable can be explained by the variation in the independent variable The interpretation is that 0.93% of the variation in the independent variable can be explained by the variation in the dependent variable The interpretation is that 93% of the variation in the dependent variable can be explained by the variation in the independent variable.

Explanation / Answer

Answer : D.

Reason: r2 is the proportion of variation in y, explained by x.

if r2 = 0.93, percentage of variation explained = 93%

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