Interpret the R-Squared Value of 95.8

Multiple Choice

Interpret the R-squared value of 95.8%.

A) The average correlation between X1,X2,X3,X4,and X5 is 0.975.
B) 95.8% of all samples would result in a useful model.
C) 95.8% of all salaries can be accurately predicted by this model.
D) The average correlation between X1,X2,X3,X4,and X5 is 0.958.
E) 95.8% of the observed variation in salaries can be explained by this model.