A linear regression of the price of external hard drives against their capacity in terabytes had a

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A linear regression of the price of external hard drives against their capacity in terabytes had a correlation coefficient of 0.994. What is the value of R² for this regression and how do you interpret its meaning?

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Business Statistics

ISBN: 9780133899122

3rd Canadian Edition

Authors: Norean D. Sharpe, Richard D. De Veaux, Paul F. Velleman, David Wright

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Question Posted: Jun 24, 2019 10:35 AM

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A linear regression of the price of external hard drives against their capacity in terabytes had a

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R 2 988 R 2 is the squared correlati...View the full answer

Business Statistics

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