You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the r2 value. The regression equation is reported as y=−99.94x+68.43 and the r2=0.2401. What is the correlation coefficient for this data set? r =  This means to get the sqare root of 0.2401 right? so answer is 0.49? But I am

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter4: Equations Of Linear Functions
Section4.6: Regression And Median-fit Lines
Problem 4PPS
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You generate a scatter plot using Excel. You then have Excel plot the trend line and report the equation and the r2 value. The regression equation is reported as y=−99.94x+68.43 and the r2=0.2401.

What is the correlation coefficient for this data set?
r = 

This means to get the sqare root of 0.2401 right?

so answer is 0.49?

But I am told this is incorrect.

Expert Solution
Step 1

Given:

Regression equation: y=−99.94x+68.43
r2=0.2401
r=?

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