An Economist is examining the energy consumption in different regions over different seasons. She ran a regression explaining the variation in energy consumption as a function of temperature. The total variation of the dependent variable was SST=140.58, the explained variation was SSR=60.16, and the unexplained variation was SSE=80.42. She had 60 monthly observations. The coefficient of determination is closest to?

A. 0.76
B. 0.65
C. 0.43

The coefficient of determination is: C. 0.43

Step-by-step explanation:

The provided information is:

SST = 140.58 and SSE = 80.42

The coefficient of determination is determined by formula:

Thus, coefficient of determination is closest to 0.43

an advantage of the standard deviation is that it increases as the dispersion of the data increases. e. the interquartile range is preferred when the data are not skewed or no have outliers. an advantage of the standard deviation is that it uses all the observations in its computation.