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= 55.29x +10.05

and ther= 0.548

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

r =%

Report answer as a percentage accurate to one decimal place.

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