SOLUTION: HERE IS THE IMAGE LINK: https://imagizer.imageshack.com/img922/521/KvHWN3.jpg Data from a small bookstore are shown in the accompanying table. What is the value of R^2 and what

Algebra ->  Test -> SOLUTION: HERE IS THE IMAGE LINK: https://imagizer.imageshack.com/img922/521/KvHWN3.jpg Data from a small bookstore are shown in the accompanying table. What is the value of R^2 and what       Log On


   

Question 1196640: HERE IS THE IMAGE LINK: https://imagizer.imageshack.com/img922/521/KvHWN3.jpg
Data from a small bookstore are shown in the accompanying table. What is the value of R^2 and what does it​ mean?
What is the value of R​^2?

Answer by Theo(13342) About Me  (Show Source):
You can put this solution on YOUR website!
Correlation coefficient (r): 0.97451693504465
r^2 = (0.97451693504465)^ = 0.9496832567
r^2 indicates that about 95% of the correlation can be explained by the independent variable.
https://www.investopedia.com/terms/r/r-squared.asp