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30. The coefficient of determination for estimating packaging costs for a local shipper was determined to be 0.74. Which of the following statement is not

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30. The coefficient of determination for estimating packaging costs for a local shipper was determined to be 0.74. Which of the following statement is not correct? A) The coefficient of determination is a measure of the percent of variation in the independent variable B) The coefficient of determination is a measure of how well a least-squares equation fits historical data. C) The coefficient of determination can have values between zero and one, with values close to zero suggesting that the equation is not very useful. D) It is possible to have a high coefficient of determination by chance between the independent and dependent variable

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