What Is the Correct Interpretation of the Coefficient of Determination

Multiple Choice

What is the correct interpretation of the coefficient of determination R²?

A) The sales price equals 53% of these three variables.
B) 47% of the variation in sales prices can be determined by the variation in these three variables.
C) The sales price equals 47% of these three variables.
D) The probability that the sample values will lie on the regression line is 0.47.