Question: Interpret the coefficient of correlation using the table below? SUMMARY OUTPUT Regression Statistics Multiple R 0.9818 R Square 0.9639 Adjusted R Square 0.9552 Standard Error

Interpret the coefficient of correlation using the table below?

SUMMARY OUTPUT

Regression Statistics

Multiple R 0.9818

R Square 0.9639

Adjusted R Square 0.9552

Standard Error 3.7981

Observations 6

Coefficients

Intercept 13.1174

X Variable 1 0.5688

Options

98.18% of the change in the y variableis explained by our x variable

96.39% of the change in the y variable is explained by this x variable

the correlation is strong and negative

the correlation is strong and positive in direction

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