If the Coefficient of Determination Is 0

question 8

Multiple Choice

If the coefficient of determination is 0.767,what is correlation between the two variables?

• A)0.246
• B)0.496
• C)0.504
• D)0.876

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Definitions:

Deductible Contribution

An eligible contribution to a qualified plan or account that reduces taxable income.

Coverdell Education Savings Account

A savings account that allows money to grow tax-free when the funds are used for education expenses.

AGI

Adjusted Gross Income, which is gross income minus adjustments, serving as the basis for calculating taxable income.

Annuity Contract

A financial product sold by an insurance company that provides guaranteed income over a period of time for a flat or periodic payment.