Which of the following statements is true about r-squaredit, Ask an Expert

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Which of the following statements is true about R-squared?

It is also called the coefficient of determination.
A) It is also called the coefficient of variation.
B) It represents the percent of variation in X that is explained by Y.
C) It represents the percent of variation in the error that is explained by Y.
D) It ranges in value from -1 to + 1

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