The Percent of the Total Variance That Can Be Explained

question 16

Multiple Choice

The percent of the total variance that can be explained by the regression is:

• A)93.3%.
• B)87.1%.
• C)85.9%.
• D)96.6%.

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Definitions:

Balancing Point

A point at which a system, object, or decision is in a state of equilibrium or balance, often used metaphorically to refer to fair or stable situations.

Deviations

Differences between observed values and the average or expected values in a data set.

Median

The middle value of a data set, where half the numbers are below and half are above this value.

Mean

The average of a set of numbers, calculated by summing all the numbers and then dividing by the count of those numbers.