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Science-Related Homework Help Statistics and Probability Topic started by: Suedyso on Aug 30, 2019



Title: A researcher studied the relationship between family income and amount of money spent on an ...
Post by: Suedyso on Aug 30, 2019
A researcher studied the relationship between family income and amount of money spent on an automobile. She calculated that R2 = 45%. Which is the correct interpretation?

▸ The probability of predicting the correct price of a car is 45%.

▸ 45% of the variability in car price can be explained by using income.

▸ 45% of the price of the car can be predicted by using income.

▸ The car price fluctuates 45% more than income.

▸ None of these


Title: A researcher studied the relationship between family income and amount of money spent on an ...
Post by: gdchavis1 on Aug 30, 2019
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Title: A researcher studied the relationship between family income and amount of money spent on an ...
Post by: Suedyso on Aug 30, 2019
Thank you