Exhibit 12-1
the Following Information Regarding a Dependent Variable Y) $\begin{array} { l l } Y&X\\4&2\\3&1\\4&4\\6&3\\8&5\end{array}$

question 64

Multiple Choice

Exhibit 12-1
The following information regarding a dependent variable Y) and an independent variable X) is provided.
$\begin{array} { l l } Y&X\\4&2\\3&1\\4&4\\6&3\\8&5\end{array}$ SSE = 6
SST = 16
-Refer to Exhibit 12-1. The coefficient of determination is

• A) 0.7096
• B) - 0.7906
• C) 0.625
• D) 0.375

---

Definitions:

Discretionary Income

Discretionary income is the amount of an individual's income left for spending, investing, or saving after taxes and personal necessities (like food, shelter) are taken care of.

Necessities

Essential items and services required for basic human survival and well-being, such as food, water, shelter, and healthcare.

Federal Income Taxes

Taxes imposed by the government on the income of individuals, corporations, and other entities.

Consumer Confidence

is a measure of how optimistic or pessimistic consumers are about their financial prospects and the state of the economy, impacting their spending and saving behaviors.