When Squaring a Correlation Coefficient (R²), the Resulting Value Tells

question 55

Multiple Choice

When squaring a correlation coefficient (r²) , the resulting value tells how much variance in the criterion is explained by the predictor. This statistic is also known as the coefficient of:

• A)explanation.
• B)determination.
• C)stability.
• D)equivalence.

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Definitions:

Routine Inquiry

Routine inquiry represents the regular and standardized requests for specific information, typically utilized in corporate and academic fields for clarity and efficiency.

Goodwill

The positive reputation and relationship a business cultivates with its stakeholders, contributing to customer loyalty and long-term success.

Cost Estimates

Predictions or approximations of the expenses associated with a project, task, or purchase, often used in budgeting and planning.

Claim Messages

Communications asserting a right or demand for action or compensation, typically in the context of customer service or insurance.