Q4. What is the true interpretation for R Square? A) 49% of the correlation of GDP per capita explains by independent variables. B) 49% of the correlation of independent variables can explain by GDP per capita. C) 49% of the variation of GDP per capita explains by independent variables. D) 49% of the auto-correlation of independent variables can explain by GDP per capita.

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Q4. What is the true interpretation for R Square?
A) 49% of the correlation of GDP per capita explains by independent variables.
B) 49% of the correlation of independent variables can explain by GDP per capita.
C) 49% of the variation of GDP per capita explains by independent variables.
D) 49% of the auto-correlation of independent variables can explain by GDP per capita.
Transcribed Image Text:Q4. What is the true interpretation for R Square? A) 49% of the correlation of GDP per capita explains by independent variables. B) 49% of the correlation of independent variables can explain by GDP per capita. C) 49% of the variation of GDP per capita explains by independent variables. D) 49% of the auto-correlation of independent variables can explain by GDP per capita.
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