In the NHL, the Correlation Between "Goals Scored Per Game

question 14

Multiple Choice

In the NHL, the correlation between "Goals scored per game" and "minutes on the ice" for a team of players is found to be 0.8178. Choose the statement that is true about the coefficient of determination.

• A)When given as a percent, the coefficient of determination is always between 0 and 100%.
• B)The coefficient of determination states that about 66.88% of the variation in goals scored per game is explained by minutes on the ice.
• C)The coefficient of determination, r2, is equal to approximately 0.6688.
• D)All of these are true statements.

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Definitions:

Future Value

The value of an investment at a specified date in the future that accounts for a specified rate of interest or rate of return.

Interest Rate

The amount charged by a lender to a borrower for the use of assets expressed as a percentage of the principal.

Trust Fund

A legal entity set up to hold property or assets for the benefit of another party, often managed by a trustee.

Rate of Return

The upward or downward adjustment in an investment's value through a defined span, represented as a fraction of the investment's initial expense.