How do you interpret a coefficient of determination, r,equal to 0.99? Choose the

Question

How do you interpret a coefficient of determination, r,equal to 0.99? Choose the correct answer below. 0 A. O B. ° C. 0 D. The interpretation is that 0.01% of the variation in the dependent variable can be explained by the variation in the independent variable. The interpretation is that 1% of the variation in the independent variable can be explained by the variation in the dependent variable. The interpretation is that 99% of the variation in the dependent variable can be explained by the variation in the independent variable The interpretation is that 0.99% of the variation in the independent variable can be explained by the variation in the dependent variable.

Explanation / Answer

Interpretation of coefficient of variation r2

r2 *100% of the variation in dependent variable (y)  is explained by the variation in predictor/independent variable(x)

Here, r2 = 0.99 => 99%

Hence, correct interpretation is,

C) The interpretation is that 99% of the variation in the dependent variable can be explained by the variation in the independent variable.

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