Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y = – 65.95x + 49.28 and the r = - 0.993. What proportion of the variation in y can be explained by the variation in the values of x? r2 = Report answer as a percentage accurate to one decimal place.

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Using your favorite statistics software package, you generate a scatter plot with a regression equation and
correlation coefficient. The regression equation is reported as
y = – 65.95x + 49.28
and the r = - 0.993.
What proportion of the variation in y can be explained by the variation in the values of x?
r2 =
Report answer as a percentage accurate to one decimal place.
Transcribed Image Text:Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y = – 65.95x + 49.28 and the r = - 0.993. What proportion of the variation in y can be explained by the variation in the values of x? r2 = Report answer as a percentage accurate to one decimal place.
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