Question

Asked Apr 26, 2019

Select the most appropriate response.

If the correlation between a person’s age and annual income is 0.60, then the coefficient of determination tells us that:

36% of the variation in a person’s annual income can be explained by the predictor variable age.

36% of a person’s annual income can be explained by their age

60% of the variation in a person’s annual income can be explained by the predictor variable age

60% of a person’s annual income can be explained by their age

Step 1

Given correlation coefficient between a persons age and annual income &...

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