I have calculated m correlation coeeficient and my coefficie
I have calculated m correlation coeeficient and my coefficient of determination
if R= -0.961 and R2= 0.923053 how would I interpret the results? What is the explained or unexplained data?
Solution
As
R= -0.961 < 0,
then there seems to be a strong negative linear relationship between your variables, as this R value is close to -1.
As
and R2= 0.923053
then about 92.3053% of the variation in the dependent variable is explained by the variation in your independent variable. Hence, about 7.7% of the variation is not explained by the independent variable.
