For the Same Set of Observations on a Specified Dependent

Multiple Choice

For the same set of observations on a specified dependent variable y,two different independent variables x₁and x₂were used to fit two separate simple linear regression models.Model 1 used x₁as the independent variable,and Model 2 used x₂as the independent variable.If the r² values from Model 1 and Model 2 were 0.92 and 0.85,respectively,then we can conclude that:

A) Model 1 has greater utility in predicting y than Model 2.
B) Model 2 has greater utility in predicting y than Model 1.
C) There is not sufficient information to determine which of the two models has greater utility in predicting y.