If an estimated regression model Y = a + b*x + e, yielded an R^2 of 0.72, we can conclude:
Question 5 options:
A. The exact value of the dependent variable can be predicted with a probability of 0.72
B. 72 percent of the variation in the dependent variable is explained by the model
C. The correlation coefficient of X and Y is 0.72
D. None of the above is true.
E. All the above are true.