• Card 139 / 180: Which of the following best describes the difference between the coefficient of determination and the correlation coefficient?
    A) The coefficient of determination reveals to what extent a change in x causes a change in y, while the correlation coefficient shows how a change in y causes a change in x.
    B) The coefficient of determination reveals to what extent a change in x causes a change in y, while the correlation coefficient shows strength of association between x and y.
    C) The coefficient of determination reveals the extent a change in y that can be explained by a change in x by using the regression line, whereas the correlation coefficient shows strength of association between x and y.
    D) The coefficient of determination reveals the extent a change in x that can be explained by a change in y by using the regression line, whereas the correlation coefficient shows strength of association between x and y.

    Answer:
    C) The coefficient of determination reveals the extent a change in y that can be explained by a change in x by using the regression line, whereas the correlation coefficient shows strength of association between x and y.

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Business Statistics

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Attribution:  David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/
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