Question: Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as y=

Using your favorite statistics software package, you generate a scatter plot with a regression equation and correlation coefficient. The regression equation is reported as

y= 79.99x + 20.59

and ther= 0.23

What percentage of the variation inycan be explained by the variation in the values ofx?

r =% (Report exact answer, and do not enter the % sign)

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