What can we conclude if the coefficient of determination is 0.94?
94% of total variation of one variable(y) is explained by variation in the other variable(x). The coefficient of determination explains ratio of explained variation to the total variation.
- Strength of relationship is 0.94
- Direction of relationship is positive
- 94% of total variation of one variable(y) is explained by variation in the other variable(x).
- All of the above are correct
94% of total variation of one variable(y) is explained by variation in the other variable(x). The coefficient of determination explains ratio of explained variation to the total variation.