Question: Question 1 Interpret the coefficient of correlation using the table below? SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error

Question 1 Interpret the coefficient of correlation using the table below? SUMMARY OUTPUT Regression Statistics Multiple R R Square Adjusted R Square Standard Error Observations 0.9888 0.9778 0.9772 2.9781 6 Coefficie nts Intercept -4.9140 X Variable 1 -0.9101 99.88% of the change in the y variable is explained by our x variable O the correlation is strong and negative 97.78% of the change in the y variable is explained by this x variable the correlation is strong and positive in direction

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