If the Coefficient of Determination Is 0

question 29

Multiple Choice

If the coefficient of determination is 0.94,what can we say about the relationship between two variables?

• A)The strength of the relationship is 0.94.
• B)The direction of the relationship is positive.
• C)Ninety-four percent of the total variation of the dependent variable is explained by the independent variable.
• D)The direction of the relationship is negative.

---

Definitions:

Additional Minute

Additional Minute refers to any extra time accounted for or needed beyond what was initially planned or scheduled, often in context to services or operations.

Most Profitable

Describes a scenario, product, or entity generating the highest profit margin or net income compared to others in a comparative set.

Product A

An arbitrary term that could refer to any first product offered by a company in a given context.

Variable Selling Expense

Costs associated with selling a product that vary with the volume of sales, such as commissions or shipping costs.