What Is the Correct Interpretation of the Coefficient of Determination

question 49

Multiple Choice

What is the correct interpretation of the coefficient of determination R²?

• A)The sales price equals 53% of these three variables.
• B)47% of the variation in sales prices can be determined by the variation in these three variables.
• C)The sales price equals 47% of these three variables.
• D)The probability that the sample values will lie on the regression line is 0.47.

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Definitions:

Pretests

Initial assessments or tests conducted before an intervention or experiment to establish a baseline for comparing post-test outcomes.

Attrition Effects

The impact on research findings from participants dropping out of a study over time, potentially biasing the results.

Generalize

To generalize means to make a broad statement or rule that applies beyond the original context, based on observations from specific examples.

Cognitive Task

refers to a specific activity or exercise designed to assess or enhance cognitive functions, such as memory, attention, or problem-solving skills.