Question

If the coefficient of correlation is .8, then the percentage of variation in the dependent variable explained by the estimated regression equation is _____.

Answer 1

Answer:

64%

Step-by-step explanation:

The percentage of variation in the dependent variable explained by the estimated regression is calculated with the coefficient of correlation as follows:

First, square the coefficient of correlation: 0.8^2 = 0.64

And then, multiply this result by 100, so that, it is expressed as a percentage: 0.64*100 = 64%