Given the following summary information, calculate the value of the coefficient of determination, R². Enter your answer to three decimal places. = 401.4; Ev – ² = 34.8

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### Calculating the Coefficient of Determination (R²)

Given the following summary information, calculate the value of the coefficient of determination, R². Enter your answer to three decimal places.

- The total sum of squares (variation of actual values from the mean):

  \[
  \sum (y - \bar{y})^2 = 401.4
  \]

- The residual sum of squares (variation of actual values from the predicted values):

  \[
  \sum (y - \hat{y})^2 = 34.8
  \]

### Explanation:

The coefficient of determination, R², is calculated using the formula:

\[
R^2 = 1 - \frac{\sum (y - \hat{y})^2}{\sum (y - \bar{y})^2}
\]

Plug in the given values to compute R².
Transcribed Image Text:### Calculating the Coefficient of Determination (R²) Given the following summary information, calculate the value of the coefficient of determination, R². Enter your answer to three decimal places. - The total sum of squares (variation of actual values from the mean): \[ \sum (y - \bar{y})^2 = 401.4 \] - The residual sum of squares (variation of actual values from the predicted values): \[ \sum (y - \hat{y})^2 = 34.8 \] ### Explanation: The coefficient of determination, R², is calculated using the formula: \[ R^2 = 1 - \frac{\sum (y - \hat{y})^2}{\sum (y - \bar{y})^2} \] Plug in the given values to compute R².
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