The Coefficient of Determination Is Important in Explaining Variances in Estimating

question 105

Multiple Choice

The coefficient of determination is important in explaining variances in estimating equations. For a certain estimating equation, the unexplained variation was given as 22,000. The total variation was given as 55,000. What is the coefficient of determination for the equation?

• A) 2.50
• B) 0.40
• C) 0.60
• D) 1.40

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