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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
You are interested in exploring the relationship between the income of professors (measured in thousands of dollars)and the number of years they have been employed by the university.You collect the following data from eight professors.
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: You are interested in exploring the relationship between the income of professors (measured in thousands of dollars)and the number of years they have been employed by the university.You collect the following data from eight professors.    -How would you interpret the coefficient of determination?
-How would you interpret the coefficient of determination?

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R2 = 0.7661 means that 76.61% o...

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