2
AssignmentMultiple Dropdowns

R-squared and s

Question 2 • Statistics

The coefficient of determination that represents the relationship between the explanatory variable, age (in years) of semitrucks, and the response variable, their value (in dollars) is about 0.89. Complete the sentence to interpret the meaning of r2.

Answer
The value of r2 = 0.89 tells us that about of the variation in the of the semitrucks is accounted for by the linear relationship created with of the semitrucks.:

89%

The value of r2 = 0.89 tells us that about of the variation in the of the semitrucks is accounted for by the linear relationship created with of the semitrucks.:

value

The value of r2 = 0.89 tells us that about of the variation in the of the semitrucks is accounted for by the linear relationship created with of the semitrucks.:

age

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