A Sociology student investigated the association between a country's Literacy Rate and Life Expectancy, and then drew the conclusions listed below. Explain why each statement is incorrect. (Assume that all the calculations were done properly.)
a) The R2 of 64% means that the Literacy Rate determines 64% of the Life Expectancy for a country.
b) The slope of the line shows that an increase of 5% in Literacy Rate will produce a 2-year improvement in Life Expectancy.