Elance Exams Answers PDF file

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Interpret an R-squared coefficient of .6 for a simple linear regression.

There is no interpretation for the R-squared value.
60% of the variability in our dependent variable can be explained by our independent variable.
This is an indicator that there must be a moderate positive correlation between both the dependent and independent variables.
We can be 60% certain that there is a causal relationship between our dependent and independent variables.
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