On minitab or excel
Calculating the coefficient of determination of a set of data, it was obtained that r^2 = 0.845 . Based on this value, it can be concluded that:
Options:
The least squares line provided a good fit as a large proportion of the variability in "y" has been explained by the least squares line.
The least squares line provided a good fit as a small proportion of the variability in "y" has been explained by the least squares line.
The least squares line did not provide a good fit since a small proportion of the variability in "y" has been explained by the least squares line.
The least squares line did not provide a good fit since a large proportion of the variability in "y" has been explained by the least squares line.
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