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Explain regression equation and correlation coefficient

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Reference no: EM132907237

Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y= -69.94x+78.25 and the r=-0.325.

What proportion of the variation in y can be explained by the variation in the values of x?

r² = _____ % (Report answer as a percentage accurate to one decimal place.)

Reference no: EM132907237

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