describe the coefficient of determination.
The market model linking the rate of return of stock XYZ (denoted RXYZ) to the rate of return of a broader index of the stock market (denoted RM) is reported as
RXYZ = 4.46 + 0.304RM
Coefficient

Standard Error

4.460

3.0400

0.304

0.3243

Analysis of Variance



Source

DF

Sum of Squares

Regression

?

141.9

Residual

?

3718.9

Total

24

?

Find out what is the coefficient of determination?
(Hint You must complete the table to answer the problem.)
 0.0368
 0.0381
 0.8776
 0.9618