A Researcher Performs Multiple Regression Analysis and Obtains an R

Multiple Choice

A researcher performs multiple regression analysis and obtains an r value of 0.70. How should this value be interpreted?

A) The independent variables will be 70% accurate in predicting the outcome variable.
B) The independent variables explain 70% of the variability in the outcome variable.
C) There is a fairly strong relationship between the independent variables and the outcome variable.