In Major League Baseball, the coefficient of determination(r2) of a player salary and total number of homeruns is 0.28. What does this mean?

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Chapter3: Math Models
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Problem 425PT: Four-fifths of the people on a hike are children. If there are 12 children, what is the total number...
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In Major League Baseball, the coefficient of determination(r2) of a player salary and total number of homeruns is 0.28. What does this mean?
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