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If the coefficient of correlation is 0.4, the percentage of variation in the dependent variable ...

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If the coefficient of correlation is 0.4, the percentage of variation in the dependent variable ...

If the coefficient of correlation is 0.4, the percentage of variation in the dependent variable explained by the variation in the independent variable

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is 40%

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is 16%.

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is 4%

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can be any positive value

Textbook

Essentials of Statistics for Business and Economics

Edition: 7^th

Authors: Anderson, Sweeney, Williams, Camm, Cochran

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flemingpk Author

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Smart ... Thanks!

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